GLENCORE PLC/ADR (OTCMKTS:GLNCY) Rating Reiterated by UBS Group
GLENCORE PLC/ADR (OTCMKTS:GLNCY)‘s stock had its “neutral” rating reaffirmed by UBS Group in a research note issued to investors on Friday, Borsen Zeitung reports.
Several other equities research analysts also recently commented on GLNCY. Zacks Investment Research downgraded GLENCORE PLC/ADR from a “buy” rating to a “hold” rating in a report on Monday, March 4th. Royal Bank of Canada downgraded GLENCORE PLC/ADR from an “outperform” rating to a “sector perform” rating in a report on Wednesday, April 10th. Finally, Goldman Sachs Group downgraded GLENCORE PLC/ADR from a “buy” rating to a “neutral” rating in a report on Thursday, April 11th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company. GLENCORE PLC/ADR currently has an average rating of “Hold” and a consensus price target of $8.25.
GLNCY opened at $6.87 on Friday. The company has a quick ratio of 0.59, a current ratio of 1.10 and a debt-to-equity ratio of 0.59. The stock has a market capitalization of $48.83 billion, a PE ratio of 10.73 and a beta of 1.85. GLENCORE PLC/ADR has a 1 year low of $6.31 and a 1 year high of $10.59.
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.
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