Shares of GLENCORE PLC/ADR (OTCMKTS:GLNCY) have received an average recommendation of “Hold” from the ten analysts that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating on the company.
GLNCY has been the topic of several recent analyst reports. Zacks Investment Research downgraded shares of GLENCORE PLC/ADR from a “buy” rating to a “hold” rating in a research report on Wednesday, October 10th. Barclays reissued a “buy” rating on shares of GLENCORE PLC/ADR in a research report on Tuesday, September 25th. JPMorgan Chase & Co. downgraded shares of GLENCORE PLC/ADR from an “overweight” rating to a “neutral” rating in a research report on Monday, September 10th. Finally, Morgan Stanley raised shares of GLENCORE PLC/ADR from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, September 25th.
Shares of OTCMKTS:GLNCY remained flat at $$7.01 during midday trading on Monday. 403,110 shares of the stock were exchanged, compared to its average volume of 209,163. The stock has a market cap of $50.56 billion, a P/E ratio of 8.98 and a beta of 2.06. The company has a quick ratio of 0.55, a current ratio of 1.08 and a debt-to-equity ratio of 0.52. GLENCORE PLC/ADR has a 12-month low of $6.80 and a 12-month high of $11.68.
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.
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