Glencore PLC (GLNCY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Glencore PLC (OTCMKTS:GLNCY) have been assigned an average rating of “Hold” from the twelve ratings firms that are presently covering the firm. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and six have issued a buy rating on the company.

Several brokerages have commented on GLNCY. Societe Generale cut shares of Glencore PLC from a “buy” rating to a “hold” rating in a report on Friday, December 2nd. J P Morgan Chase & Co restated a “sell” rating on shares of Glencore PLC in a report on Tuesday, February 7th. Jefferies Group LLC upgraded shares of Glencore PLC from a “hold” rating to a “buy” rating in a report on Thursday, November 10th. Finally, Citigroup Inc. upgraded shares of Glencore PLC from a “neutral” rating to a “buy” rating in a report on Monday, December 5th.

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Shares of Glencore PLC (OTCMKTS:GLNCY) opened at 7.99 on Thursday. The firm’s market cap is $56.84 billion. The stock has a 50 day moving average of $7.58 and a 200 day moving average of $6.18. Glencore PLC has a 52-week low of $2.85 and a 52-week high of $8.28.

About Glencore PLC

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