Glencore PLC (LON:GLEN) price target set to GBX 400 by Goldman Sachs Group

By Market Exclusive

Analyst Ratings For Glencore PLC (LON:GLEN)

Today, Goldman Sachs Group set its price target on Glencore PLC (LON:GLEN) to GBX 400 per share.

There are 14 Buy Ratings, 2 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Glencore PLC (LON:GLEN) is Buy with a consensus target price of GBX 403.87 per share, a potential .

Some recent analyst ratings include

  • 10/5/2018-Glencore PLC (LON:GLEN) had its Outperform rating reiterated by Credit Suisse Group
  • 10/5/2018-Glencore PLC (LON:GLEN) had its Neutral rating reiterated by UBS Group
  • 10/2/2018-Glencore PLC (LON:GLEN) had its Buy rating reiterated by Deutsche Bank with a GBX 450 price target
  • 9/26/2018-Glencore PLC (LON:GLEN) had its Buy rating reiterated by Citigroup
  • 9/25/2018-Glencore PLC (LON:GLEN) had its Overweight rating reiterated by Barclays

About Glencore PLC (LON:GLEN)
Glencore plc engages in the production, refinement, processing, storage, transport and marketing of metals and minerals, energy products, and agricultural products worldwide. 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. The Energy Products segment activities include coal mining and oil production operations covering crude oil, oil products, steam coal, and metallurgical coal; and investments in ports, vessels, and storage facilities. The Agricultural Products segment engages in the storage, handling, processing, and port facilities of wheat, corn, canola, barley, rice, oil seeds, meals, edible oils, biofuels, cotton, and sugar. Glencore plc markets and delivers physical commodities sourced from third party producers and its production to industrial consumers in the automotive, steel, power generation, oil, and food processing industries. The company was formerly known as Glencore Xstrata plc and changed its name to Glencore plc in May 2014. Glencore plc was founded in 1974 and is headquartered in Baar, Switzerland.

Recent Trading Activity for Glencore PLC (LON:GLEN)
Shares of Glencore PLC closed the previous trading session at 326,85 −6,15 1,85 % with shares trading hands.

This article provided by NewsEdge.