
New Buy Rating for Glencore (GLNCY), the Basic Materials Giant

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Glencore received a Buy rating and a $16.90 price target from Berenberg Bank analyst on May 1. The company’s shares closed yesterday at $15.22.Claim 55% Off TipRanksUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glencore with a $16.90 average price target.
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