Sanford C. Bernstein reaffirms Glencore International’s outperform rating
Glencore International opened at 389.05 on Wednesday. Glencore International has a 1-year low of GBX 289.35 and a 1-year high of GBX 439.95. The stock’s 50-day moving average is currently GBX 352.6.
Several other analysts have also recently commented on the stock. Analysts at Bank of America raised their price target on shares of Glencore International from $6.46 to $6.76 in a research note to investors on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Glencore International in a research note to investors on Monday. They now have a $5.86 price target on the stock. Finally, analysts at UBS AG reiterated a “buy” rating on shares of Glencore International in a research note to investors on Monday. They now have a $6.61 price target on the stock.
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