Glencore (LON:GLEN) price target lowered to GBX 390 by HSBC

Analyst Ratings For Glencore (LON:GLEN)

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Today, HSBC lowered its price target on Glencore (LON:GLEN) to GBX 390 per share.

There are 10 Buy Ratings, 6 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on Glencore (LON:GLEN) is Buy with a consensus target price of GBX 355.25 per share, a potential .

Some recent analyst ratings include

  • 4/12/2019-Glencore (LON:GLEN) had its Overweight rating reiterated by Barclays

    About Glencore (LON:GLEN)
    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. 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, semi-fabricators, and food processing industries. The company also provides financing, logistics, and other services to producers and consumers of commodities. It operates in the Americas, Europe, Asia, Africa, Oceania, and internationally. 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 (LON:GLEN)
    Shares of Glencore closed the previous trading session at 332,80 up +2,80 0,85 % with shares trading hands.

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