GLENCORE PLC/ADR (OTCMKTS:GLNCY) Rating Reiterated by UBS Group

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UBS Group reissued their neutral rating on shares of GLENCORE PLC/ADR (OTCMKTS:GLNCY) in a research report report published on Wednesday, Borsen Zeitung reports.

GLNCY has been the subject of several other reports. BMO Capital Markets cut GLENCORE PLC/ADR from an outperform rating to a market perform rating in a report on Wednesday, July 10th. ValuEngine raised GLENCORE PLC/ADR from a sell rating to a hold rating in a research report on Wednesday, October 2nd. JPMorgan Chase & Co. reaffirmed a sell rating on shares of GLENCORE PLC/ADR in a research report on Thursday, October 3rd. Zacks Investment Research raised GLENCORE PLC/ADR from a sell rating to a hold rating in a research report on Wednesday, October 2nd. Finally, Goldman Sachs Group lowered GLENCORE PLC/ADR from a neutral rating to a sell rating in a research report on Friday, July 19th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and two have issued a buy rating to the stock. GLENCORE PLC/ADR currently has an average rating of Hold and a consensus price target of $8.25.

Shares of GLNCY stock opened at $5.94 on Wednesday. The stock has a market capitalization of $39.96 billion, a PE ratio of 9.28 and a beta of 1.92. GLENCORE PLC/ADR has a 1-year low of $5.29 and a 1-year high of $8.91. The business has a 50-day moving average of $5.86 and a 200 day moving average of $6.78.

About GLENCORE PLC/ADR

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, energy products, and agricultural products. It operates in three segments: Metals and Minerals, Energy Products, and Agricultural Products. The Metals and Minerals segment is involved in smelting, refining, mining, processing, and storing zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore.

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Analyst Recommendations for GLENCORE PLC/ADR (OTCMKTS:GLNCY)

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