Glencore plc (LON:GLEN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Glencore plc (LON:GLEN – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten brokerages that are presently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 589.50 ($7.20).