Glencore PLC (LON:GLEN) target price dropped to 190.00GBX, reported earlier today by Haitong Securities
- Updated: September 18, 2016
Haitong Securities dropped the target price of Glencore PLC (LON:GLEN) to 190GBX, stating a possible downside of 0.00%.
On 9/14/2016, Societe Generale reported about Glencore PLC(LON:GLEN) raised the target price from 230.00GBX to 240.00GBX that suggested an upside of 0.32%.
Just yesterday Glencore PLC (LON:GLEN) traded 3.49% higher at 190.45GBX. Glencore PLC’s 50-day average is 186.67GBX and its two hundred day average is 159.63GBX. With the last stock close up 19.94% relative to the 200-day average, compared to the S&P 500 Index which has fallen -0.01% over the same time period. 19,244,697 shares of Glencore PLC exchanged hands, down from ann average volume of 51,944,000.
With a market cap of 0.0 GBX, Glencore PLC has a PE of 0 with a 52 week low of 66.67GBX and a 52 week high of 200.97GBX.
A total of 21 brokers have released a ratings update on Glencore PLC. Four analysts rate the company a strong buy, eight analysts rate the company a buy, 11 firms rate the stock a hold, 0 rate the stock to underperform, and finally one firmrate the company as sell with an average target price of 2.21GBX
General Company Details For Glencore PLC (LON:GLEN)
Glencore plc is an integrated producer and marketer of natural resources, with activities in the production, refinement, processing, storage, transport and marketing of metals and minerals, energy products and agricultural products. The Company’s segments include metals and minerals, energy products, agricultural products, and corporate and other. It markets and distributes physical commodities sourced from third-party producers, as well as its own production. It also provides financing, logistics and other services to both producers and consumers of commodities. The Metals and minerals segment includes copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing. The Energy products segment includes coal and oil industrial and marketing. Its Agricultural products segment is focused on grains, oils/oilseeds, cotton and sugar. The Company caters to the industrial, automotive, steel, power generation, and oil and food processing industries.
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