[ad_1]
On March 20, 2023,
UBS
upgraded
their outlook for Glencore (OTC:GLCNF) from to Buy.
Analyst Price Forecast Suggests 17.25% Upside
As of March 21, 2023,
the average one-year price target for Glencore is $7.74.
The forecasts range from a low of $6.57 to a high of $9.14.
The average price target represents an increase of 17.25% from its latest reported closing price of $6.60.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Glencore
is $274,727MM.
The projected annual non-GAAP EPS
is $1.56.
What is the Fund Sentiment?
There are 546 funds or institutions reporting positions in Glencore.
This is an increase
of
20
owner(s) or 3.80% in the last quarter.
Average portfolio weight of all funds dedicated to GLCNF is 0.78%,
an increase
of 12.89%.
Total shares owned by institutions increased
in the last three months by 9.88% to 2,247,398K shares.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
[ad_2]
Image and article originally from www.nasdaq.com. Read the original article here.