Analyst Activity – J P Morgan Chase & Co Reiterates Underweight on Glencore PLC (LON:GLEN)

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Analyst Ratings For Glencore PLC (LON:GLEN)

Today, J P Morgan Chase & Co reiterated its Underweight rating on Glencore PLC (LON:GLEN) with a price target of GBX 260.

There are 6 sell ratings, 8 hold ratings, 12 buy ratings on the stock.

The current consensus rating on Glencore PLC (LON:GLEN) is Hold (Score: 2.23) with a consensus target price of GBX 313.88 per share, a potential .

Some recent analyst ratings include

  • 2/24/2017-J P Morgan Chase & Co Reiterated Rating of Underweight.
  • 2/24/2017-Jefferies Group LLC Reiterated Rating of Buy.
  • 2/14/2017-Deutsche Bank AG Reiterated Rating of Hold.
  • 2/13/2017-Morgan Stanley was Downgraded by analysts at Morgan Stanley from a “Underweight” rating to a “” rating. They now have a GBX 230 price target on the stock, up previously from GBX 280 .


    About Glencore PLC (LON:GLEN)
    Glencore plc is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. The Metals and minerals segment is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing. It also has interests in industrial assets that include mining, smelting, refining and warehousing operations. Its Energy products segment includes coal mining and oil production operations and investments in strategic handling, storage and freight equipment and facilities. Its Agricultural products segment is supported by controlled and non-controlled storage, handling and processing facilities in various locations, and is focused on grains, oils/oilseeds, cotton and sugar. Its diversified operations consist of over 150 mining and metallurgical, oil production and agricultural assets.

    Recent Trading Activity for Glencore PLC (LON:GLEN)
    Shares of Glencore PLC closed the previous trading session at 326.55 down -4.80 -1.45% with 55,751,276 shares trading hands.