Glencore plc (OTCMKTS:GLNCY - Get Free Report) has been given a consensus recommendation of "Strong Buy" by the six research firms that are currently covering the stock, Marketbeat Ratings reports. Six investment analysts have rated the stock with a strong buy recommendation.
Separately, Berenberg Bank upgraded shares of Glencore to a "strong-buy" rating in a report on Tuesday, March 11th.
Read Our Latest Stock Report on GLNCY
Glencore Price Performance
Shares of GLNCY opened at $6.85 on Wednesday. The stock has a 50 day simple moving average of $7.54 and a 200 day simple moving average of $8.84. Glencore has a 52-week low of $5.74 and a 52-week high of $12.74. The company has a current ratio of 1.30, a quick ratio of 0.67 and a debt-to-equity ratio of 0.69.
About Glencore
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Get Free ReportGlencore 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.
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