Glencore Plc receives Investment Bank Analyst Rating Update
Sharecast - At 0845 GMT, the FTSE 100 was down 0.5% at 7,790.83. Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown (LON:HRGV), said: "US Recession...
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Glencore PLC is a Switzerland-based producer and marketer of natural resources. The Company produces and markets a diverse range of metals and minerals - such as copper, cobalt, zinc, nickel and ferroalloys - and markets aluminium/alumina and iron ore from third parties. The Company is a producer and marketer of coal, with mines in Australia, Africa and South America - and a marketer of crude oil, refined products and natural gas. The Company physically source commodities and products from its global supplier base - and sell them to customers all over the world, transporting commodities by sea, rail and truck, storing, processing, and delivering them. The Company is also involved in the recycling of copper and precious metals.
|Average||7.759 (-98.585% Downside)|
|No. of Analysts||15|