Glencore plc (OTCMKTS:GLNCY – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The company traded as low as $9.21 and last traded at $9.25, with a volume of 1054363 shares traded. The stock had previously closed at $9.30.
Wall Street Analyst Weigh In
Several analysts have weighed in on GLNCY shares. Hsbc Global Res upgraded shares of Glencore from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 28th. Barclays raised shares of Glencore to a “strong-buy” rating in a research report on Wednesday, October 16th. Four analysts have rated the stock with a strong buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Strong Buy”.
Read Our Latest Stock Analysis on GLNCY
Glencore Price Performance
About Glencore
Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of metals and minerals, and energy products in the Americas, Europe, Asia, Africa, and Oceania. It operates through two segments: Marketing Activities and Industrial Activities. The company engages in production and marketing copper, cobalt, lead, nickel, zinc, chrome ore, ferrochrome, vanadium, aluminum, alumina, and iron ore; and coal, crude oil, refined products, and natural gas, as well as oil exploration/production and refining/distribution.
Featured Stories
- Five stocks we like better than Glencore
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Semtech Stock Climbs as AI Boom Drives Turnaround Success
- What is a Secondary Public Offering? What Investors Need to Know
- 3 Companies Leading the Way With Aggressive Stock Buybacks
- Stock Sentiment Analysis: How it Works
- Is It Time to Buy Nuclear Energy Stocks After the Latest Dip?
Receive News & Ratings for Glencore Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glencore and related companies with MarketBeat.com's FREE daily email newsletter.
