Glencore PLC (LON:GLEN) has been given a GBX 400 ($5.21) target price by equities researchers at Goldman Sachs Group, Inc. (The) in a research report issued to clients and investors on Friday. The brokerage currently has a “buy” rating on the natural resources company’s stock. Goldman Sachs Group, Inc. (The)’s price target would indicate a potential upside of 20.68% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 380 ($4.95) target price on shares of Glencore PLC in a report on Wednesday, May 24th. UBS Group AG set a GBX 390 ($5.08) target price on shares of Glencore PLC and gave the stock a “buy” rating in a report on Monday, June 12th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 380 ($4.95) target price on shares of Glencore PLC in a report on Friday, July 28th. Liberum Capital reaffirmed a “hold” rating and set a GBX 285 ($3.71) target price on shares of Glencore PLC in a report on Thursday. Finally, S&P Global set a GBX 300 ($3.91) target price on shares of Glencore PLC and gave the stock a “sell” rating in a report on Thursday. Four equities research analysts have rated the stock with a sell rating, five have given a hold rating and sixteen have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of GBX 342.21 ($4.46).

Glencore PLC (LON:GLEN) opened at 321.20 on Friday. Glencore PLC has a 12 month low of GBX 171.50 and a 12 month high of GBX 348.25. The stock’s 50 day moving average is GBX 313.63 and its 200-day moving average is GBX 310.17. The firm’s market cap is GBX 45.77 billion.

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In other Glencore PLC news, insider Martin J. Gilbert bought 50,000 shares of Glencore PLC stock in a transaction on Thursday, August 10th. The shares were purchased at an average cost of GBX 338 ($4.40) per share, with a total value of £169,000 ($220,080.74).

Glencore PLC Company Profile

Glencore plc is an integrated producer and marketer of commodities, such as metals and minerals, energy products, agricultural products and Corporate and other. The Metals and minerals segment is engaged in copper, zinc/lead, nickel, ferroalloys, alumina/aluminum and iron ore production and marketing.

Analyst Recommendations for Glencore PLC (LON:GLEN)

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