GLENCORE PLC/ADR (OTCMKTS:GLNCY) Given Consensus Rating of “Hold” by Brokerages

Shares of GLENCORE PLC/ADR (OTCMKTS:GLNCY) have been assigned an average rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, five have issued a hold rating and three have issued a buy rating on the company.

GLNCY has been the topic of several analyst reports. Bank of America downgraded GLENCORE PLC/ADR from a “buy” rating to a “neutral” rating in a research report on Friday. Zacks Investment Research upgraded GLENCORE PLC/ADR from a “sell” rating to a “hold” rating in a research report on Thursday. UBS Group reissued a “neutral” rating on shares of GLENCORE PLC/ADR in a report on Friday, June 14th. Goldman Sachs Group cut GLENCORE PLC/ADR from a “neutral” rating to a “sell” rating in a report on Friday, July 19th. Finally, BMO Capital Markets cut GLENCORE PLC/ADR from an “outperform” rating to a “market perform” rating in a report on Wednesday, July 10th.

OTCMKTS GLNCY traded up $0.10 on Friday, hitting $5.43. 288,900 shares of the company traded hands, compared to its average volume of 383,273. The company has a market capitalization of $39.16 billion, a price-to-earnings ratio of 8.48 and a beta of 1.86. The company has a current ratio of 1.10, a quick ratio of 0.59 and a debt-to-equity ratio of 0.59. The business’s 50 day moving average price is $6.39 and its 200-day moving average price is $7.34. GLENCORE PLC/ADR has a 52-week low of $5.29 and a 52-week high of $8.97.

GLENCORE PLC/ADR Company Profile

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.

See Also: Does a trade war provide a risk to the global economy?

Analyst Recommendations for GLENCORE PLC/ADR (OTCMKTS:GLNCY)

Receive News & Ratings for GLENCORE PLC/ADR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GLENCORE PLC/ADR and related companies with MarketBeat.com's FREE daily email newsletter.



Comments


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on reddit