Glencore (OTCMKTS:GLCNF – Get Rating)‘s stock had its “buy” rating reissued by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Thursday, TipRanks reports. They presently have a $580.00 target price on the stock.
Separately, Barclays reaffirmed a “buy” rating and set a $680.00 price objective on shares of Glencore in a research note on Thursday, March 24th.
GLCNF traded up $0.01 on Thursday, hitting $6.64. 171,631 shares of the company traded hands, compared to its average volume of 67,261. The company has a 50 day moving average of $6.37 and a 200-day moving average of $5.71. Glencore has a 12-month low of $3.98 and a 12-month high of $7.00.
Glencore Company Profile (Get Rating)
Glencore plc produces, refines, processes, stores, transports, and markets metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments, Marketing Activities and Industrial Activities. The company produces and markets copper, cobalt, nickel, zinc, lead, chrome ore, ferrochrome, vanadium, alumina, aluminum, tin, and iron ore.
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