The Glencore share price
The Glencore (LON:GLEN) share price has risen by 9.00% over
the past month and it’s currently trading at 149.18. For investors considering
whether to buy, hold or sell the stock, the question now is whether this price
run will continue.
According to the company’s analysts, there are certainly
reasons to think it will continue to perform well in the year ahead. In terms
of trading recommendations, Glencore currently has:
5 Buy recommendations
5 Hold recommendations
0 Sell recommendations
This suggests that analysts are generally positive about the
outlook.
At its current price of 149.18, shares in Glencore are
trading at a discount of -45.5% to its 52 week high price. The 1-year
performance of the shares has been -43.6%.
While analyst forecasts can be a useful guide to what City
'experts' think about a stock's near term future, they can be unreliable. To
get a better idea about the strengths and weaknesses of Glencore it's worth
doing some investigation yourself.
There are all sorts of factors that could affect Glencore's
share price this year – we simplify them into easy to understand scores with
our Stockopedia StockReport. Click here to take a look at the StockReport for
Glencore – you might discover some surprising things you didn’t know.
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