Glencore’s (GLEN) “Buy” Rating Reaffirmed at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their buy rating on shares of Glencore (LON:GLEN – Free Report) in a research note issued to investors on Tuesday morning, MarketBeat Ratings reports.

A number of other analysts have also recently commented on GLEN. Morgan Stanley dropped their target price on shares of Glencore from GBX 590 ($7.45) to GBX 560 ($7.07) and set an equal weight rating on the stock in a report on Wednesday, June 21st. Jefferies Financial Group restated a buy rating and set a GBX 550 ($6.95) target price on shares of Glencore in a report on Thursday, June 22nd. One research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Glencore currently has an average rating of Moderate Buy and an average target price of GBX 589.50 ($7.45).