Dominic OKane analyst at J.P. Morgan reiterates coverage on Glencore (GLCNF) stock in the Utilities sector with a Buy rating. TipRanks.com has OKane rated as a 4.5 star analyst with a 62% return on investment and a 8.7% success rate. OKane has set a price target of n/a.
TipRanks.com reports that Glencore stock currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target for GLCNF's stock is $8.50. The target pricing ranges from a high forecast of $9.90 down to a low forecast of $7.32. Glencore (GLCNF)’s stock last closing price was $4.85 which would put the average price target at 75.26% upside.
In addition, TradingView issued a n/a rating for GLCNF's stock over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Neutral short-term outlook. Remember, securities are volatile, so please do your own research on GLCNF stock.
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