JP Morgan Cazenove Reaffirms a “Overweight” Rating on Glencore PLC (LON:GLEN); Nuveen Asset Management Has Decreased By $8.88 Million Its Copa Holdings Sa (CPA) Position

Glencore PLC (LON:GLEN) stock had its “Overweight” Rating restate by stock research analysts at JP Morgan Cazenove in a note issued to investors and clients on Wednesday morning.

Nuveen Asset Management Llc decreased Copa Holdings Sa (CPA) stake by 70.57% reported in 2017Q3 SEC filing. Nuveen Asset Management Llc sold 71,616 shares as Copa Holdings Sa (CPA)’s stock rose 4.80%. The Nuveen Asset Management Llc holds 29,866 shares with $3.72 million value, down from 101,482 last quarter. Copa Holdings Sa now has $5.57 billion valuation. The stock increased 0.75% or $0.98 during the last trading session, reaching $132.52. About 23,967 shares traded. Copa Holdings, S.A. (NYSE:CPA) has risen 101.96% since February 21, 2017 and is uptrending. It has outperformed by 85.26% the S&P500.

Among 16 analysts covering Copa Holdings SA (NYSE:CPA), 7 have Buy rating, 2 Sell and 7 Hold. Therefore 44% are positive. Copa Holdings SA had 48 analyst reports since August 4, 2015 according to SRatingsIntel. Credit Suisse downgraded it to “Neutral” rating and $80 target in Thursday, August 13 report. The firm earned “Buy” rating on Thursday, August 4 by Citigroup. The stock has “Peer Perform” rating by Wolfe Research on Thursday, November 10. The stock has “Market Perform” rating by Cowen & Co on Friday, August 5. The firm has “Hold” rating by Stifel Nicolaus given on Friday, August 11. The rating was upgraded by Credit Suisse to “Outperform” on Thursday, February 18. The rating was maintained by UBS on Friday, February 16 with “Sell”. The firm has “Buy” rating given on Tuesday, September 1 by Deutsche Bank. The stock has “Buy” rating by UBS on Tuesday, September 22. The stock of Copa Holdings, S.A. (NYSE:CPA) has “Hold” rating given on Monday, January 11 by Stifel Nicolaus.

Nuveen Asset Management Llc increased Ameren Corp (NYSE:AEE) stake by 54,349 shares to 252,120 valued at $14.58M in 2017Q3. It also upped Bankunited Inc (NYSE:BKU) stake by 69,243 shares and now owns 482,824 shares. Superior Energy Svcs Inc (NYSE:SPN) was raised too.

Glencore plc engages in the production, refinement, processing, storage, transport, and marketing of commodities worldwide. The company has market cap of 57.40 billion GBP. It operates in three divisions: Metals and Minerals, Energy Products, and Agricultural Products. It has a 13.76 P/E ratio. The Metals and Minerals segment is involved in smelting, refining, mining, processing, and storing zinc, copper, lead, alumina, aluminum, ferroalloys, nickel, cobalt, and iron ore.

Among 29 analysts covering Glencore PLC (LON:GLEN), 21 have Buy rating, 5 Sell and 3 Hold. Therefore 72% are positive. Glencore PLC has GBX 470 highest and GBX 63.80 lowest target. GBX 341.38’s average target is -15.01% below currents GBX 401.65 stock price. Glencore PLC had 468 analyst reports since July 23, 2015 according to SRatingsIntel. The stock of Glencore Plc (LON:GLEN) earned “Buy” rating by Jefferies on Friday, February 3. The stock of Glencore Plc (LON:GLEN) has “Overweight” rating given on Thursday, March 3 by JP Morgan. As per Wednesday, November 4, the company rating was maintained by Jefferies. Societe Generale maintained the stock with “Hold” rating in Friday, August 21 report. The stock of Glencore Plc (LON:GLEN) earned “Neutral” rating by JP Morgan on Wednesday, December 13. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, March 24. On Wednesday, March 9 the stock rating was maintained by Nomura with “Reduce”. On Wednesday, August 5 the stock rating was upgraded by Liberum Capital to “Hold”. BMO Capital Markets maintained the shares of GLEN in report on Thursday, December 10 with “Outperform” rating. Goldman Sachs maintained the shares of GLEN in report on Thursday, September 24 with “Neutral” rating.

The stock increased 4.49% or GBX 17.25 during the last trading session, reaching GBX 401.65. About 44.34M shares traded or 2.66% up from the average. Glencore Plc (LON:GLEN) has 0.00% since February 21, 2017 and is . It has underperformed by 16.70% the S&P500.