Glencore (GLEN) Stock Forecast & Price Target

GBX 355.35 +1.25 (+0.35%)

(As of 12/24/2024 08:39 AM ET)

Glencore - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Buy

Based on 5 Analyst Ratings

Sell
0

Hold
1

Buy
4

Based on 5 Wall Street analysts who have issued ratings for Glencore in the last 12 months, the stock has a consensus rating of "Buy." Out of the 5 analysts, 1 has given a hold rating, 3 have given a buy rating, and 1 has given a strong buy rating for GLEN.

Consensus Price Target

GBX 516.25

According to the 5 analysts' twelve-month price targets for Glencore, the average price target is GBX 516.25. The highest price target for GLEN is GBX 550, while the lowest price target for GLEN is GBX 500. The average price target represents a forecasted upside of 45.28% from the current price of GBX 355.35.

Get the Latest News and Ratings for GLEN and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Glencore and its competitors.

GLEN Analyst Ratings Over Time

Type	Current Forecast 12/26/23 to 12/25/24	1 Month Ago 11/26/23 to 11/25/24	3 Months Ago 9/27/23 to 9/26/24	1 Year Ago 12/26/22 to 12/26/23
Strong Buy	1 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	3 Buy rating(s)	3 Buy rating(s)	3 Buy rating(s)	8 Buy rating(s)
Hold	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	GBX 516.25	GBX 516.25	GBX 516.25	GBX 583.89
Consensus Rating	Buy	Moderate Buy	Moderate Buy	Moderate Buy

Has Trump Finally Gone Too Far? (Ad)

Lately, there's been a lot of buzz around a secret loophole executive insiders are using to make millions buying and selling their own stocks. It's so powerful ... so profitable ... that most people immediately assume this is just another example of Trump doing what's best for business executives. But surprisingly, this loophole has been on the books for many years and executives have been using it to make HUNDREDS of millions of dollars. And here's the good news.

GLEN Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

GLEN Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Glencore Stock vs. The Competition

Type	Glencore	Basic Materials Companies
Consensus Rating Score	3.00	2.76
Consensus Rating	Buy	Moderate Buy
News Sentiment Rating	Neutral News See Recent GLEN News	Neutral News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
12/12/2024	Citigroup 3 of 5 stars		Reiterated Rating	Top Pick
9/9/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Lower Target	Buy	GBX 530 ➝ GBX 500	+36.87%
6/26/2024	Bank of America 3 of 5 stars		Reiterated Rating	Buy	GBX 500	+9.35%
5/1/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy	GBX 550	+17.18%
5/1/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight	GBX 515	+9.73%
11/9/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Not Rated
Get the Latest News and Ratings for GLEN and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Glencore and its competitors with MarketBeat's FREE daily newsletter.
6/21/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Equal Weight	GBX 590 ➝ GBX 560	+24.89%
4/3/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	Tyler Broda Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 540	+14.91%
3/20/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Myles Allsop Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Buy	GBX 560	+26.57%
2/17/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Danielle Chigumira Subscribe to MarketBeat All Access for the recommendation accuracy rating	Set Target		GBX 625	+23.18%
2/15/2023	AlphaValue Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Add

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 01:46 AM ET.

Should I Buy Glencore Stock? GLEN Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, December 18, 2024. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

Glencore
Bull Case

Here are some ways that investors could benefit from investing in Glencore plc:

Recent insider buying activity, with Martin J. Gilbert purchasing 3,000 shares at an average price of GBX 409, indicating confidence in the company's future performance.
Current stock price of GBX 415.20 reflects a positive trading trend, having increased by GBX 11.35 recently, suggesting potential for further growth.
Analysts have a consensus rating of "Moderate Buy" with a target price of GBX 531.25, indicating optimism about the stock's future performance.
Glencore plc has a strong market capitalization of £50.49 billion, which provides stability and resources for growth and investment opportunities.
The company operates in diverse sectors, including metals, minerals, and energy products, which can help mitigate risks associated with market fluctuations in any single industry.

Glencore
Bear Case

Investors should be bearish about investing in Glencore plc for these reasons:

The company has a high debt-to-equity ratio of 89.50, which may indicate financial risk and could affect its ability to manage debt obligations effectively.
Glencore plc has a negative PE ratio of -13,576.67, suggesting that the company is currently not profitable, which could deter potential investors.
Recent trading volume was significantly lower than the average, with only 14,378,980 shares traded compared to an average of 32,501,580, indicating potential liquidity concerns.
The stock has a 1-year low of GBX 365.31, which may raise concerns about its volatility and the potential for further declines.
Market conditions for commodities can be unpredictable, and any downturn in global demand for metals and energy products could adversely impact Glencore plc's performance.

GLEN Forecast - Frequently Asked Questions

: According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Glencore is GBX 516.25, with a high forecast of GBX 550 and a low forecast of GBX 500.
: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There is currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" GLEN shares.
: According to analysts, Glencore's stock has a predicted upside of 45.28% based on their 12-month stock forecasts.
: Glencore has been rated by research analysts at Citigroup in the past 90 days.
: Analysts like Glencore more than other "basic materials" companies. The consensus rating for Glencore is Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how GLEN compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

Media Humiliated: Demo of Elon’s Tech Proves They’re Wrong (Ad)

Elon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.

Click here to watch this demo and decide for yourself.

This page (LON:GLEN) was last updated on 12/25/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Glencore (GLEN) Stock Forecast & Price Target