Glencore (GLEN) Price lowered to GBX 400 at Barclays

Glencore (LON: GLEN) saw its price drop from Barclays of GBX 450 ($ 5.96) to GBX 400 ($ 5.29) in a report released Wednesday Broker currently has an overweight in the title of the natural resource company

Other analysts have also released reports on the stock. 460 ($ 6.09) to GBX 450 ($ 5.96) and established a purchase note for the company in a research report on Wednesday, April 18, 2011. Citigroup restated a purchase note and issued a GBX 410 ($ 5.43) price target on Glencore shares. On Wednesday, March 21, Credit Suisse Group set a price target of GBX 490 ($ 6.49) on Glencore and awarded a buy-to-action rating on Tuesday, March 27 in a GBX 515 report. ($ 6.82) on Glencore and gave a stock quote to the action in a report on Thursday, June 7th. Finally, JPMorgan Chase & Co. set a target price of GBX 550 ($ 7.28) on Glencore and awarded a take note on Thursday, June 14th. Two analysts evaluated the stock with a sales note, three gave a reserve note and fifteen gave a purchase note to the company. The stock currently has an average purchase score and an average price target of GBX 421.15 ($ 5.57).

Glencore opened at GBX 316.10 ($ 4.18) on Wednesday, according to Marketbeat.com. Glencore has a 52-week minimum of 270 GBX ($ 3.57) and a 52-week high of GBX 416.91 ($ 5.52).

About Glencore

Glencore plc engages in the production, refining, processing, storage, transportation and marketing of metals and minerals, energy products and products around the world. It operates in three segments: metals and minerals, energy products and agricultural products. The Metals and Minerals sector is involved in the smelting, refining, extraction, processing and storage of zinc, copper, lead, alumina, aluminum, ferro alloys, nickel, cobalt and iron ore. 19659007] Recommendations for analysts for Glencore (LON: GLEN) "title =" Recommendations for analysts for Glencore (LON: GLEN) "/>

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