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Glencore (GLEN) Stock Forecast & Price Target

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GBX 353.25 +0.30 (+0.08%)
As of 06:32 AM Eastern

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

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 46.14% from the current price of GBX 353.25.
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GLEN Analyst Ratings Over Time

TypeCurrent Forecast
2/1/24 to 1/31/25
1 Month Ago
1/2/24 to 1/1/25
3 Months Ago
11/3/23 to 11/2/24
1 Year Ago
2/1/23 to 2/1/24
Strong Buy
1 Strong Buy rating(s)
1 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 TargetGBX 516.25GBX 516.25GBX 516.25GBX 583.89
Consensus Rating
Buy
Buy
Moderate Buy
Moderate Buy

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.
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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.
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Glencore Stock vs. The Competition

TypeGlencoreBasic Materials Companies
Consensus Rating Score
3.00
2.76
Consensus RatingBuyModerate Buy
News Sentiment Rating
Neutral News

See Recent GLEN News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/12/2024Citigroup
3 of 5 stars
 Reiterated RatingTop Pick
9/9/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetBuyGBX 530 ➝ GBX 500+36.87%
6/26/2024Bank of America
3 of 5 stars
 Reiterated RatingBuyGBX 500+9.35%
5/1/2024Jefferies Financial Group
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 Reiterated RatingBuyGBX 550+17.18%
5/1/2024Barclays
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 Reiterated RatingEqual WeightGBX 515+9.73%
11/9/2023JPMorgan Chase & Co.
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 Reiterated RatingNot Rated
6/21/2023Morgan Stanley
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 Lower TargetEqual WeightGBX 590 ➝ GBX 560+24.89%
4/3/2023Royal Bank of Canada
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Tyler Broda
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Set TargetGBX 540+14.91%
3/20/2023UBS Group
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Myles Allsop
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UpgradeBuyGBX 560+26.57%
2/17/2023Credit Suisse Group
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Danielle Chigumira
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Set TargetGBX 625+23.18%
2/15/2023AlphaValue
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Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 06:42 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 Tuesday, January 28, 2025. Please send any questions or comments about these Glencore pros and cons to contact@marketbeat.com.

Glencore
Bull Case

green Wall Street bull icon

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

  • Glencore plc has a strong market capitalization of £50.49 billion, indicating a robust financial position that can support growth and stability.
  • The company has received multiple "buy" ratings from analysts, with a consensus target price of GBX 531.25 ($6.90), suggesting potential for stock price appreciation.
  • Recent insider buying, with Martin J. Gilbert purchasing 3,000 shares at GBX 409 ($5.31), reflects confidence in the company's future performance.
  • Glencore plc is actively engaged in decarbonization efforts, targeting a 50% reduction in industrial emissions by 2035, which aligns with global sustainability trends and could enhance its market appeal.
  • The stock price recently reached GBX 415.20 ($5.40), showing resilience and potential for further growth in the current market environment.

Glencore
Bear Case

red Wall Street bear icon

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

  • The company has a high debt-to-equity ratio of 89.50, indicating significant leverage that could pose risks during economic downturns.
  • Glencore plc has a negative price-to-earnings (PE) ratio of -13,576.67, suggesting that the company is currently not profitable, which may deter risk-averse investors.
  • Market volatility can impact commodity prices, which are crucial for Glencore's revenue, making the stock susceptible to fluctuations.
  • With a quick ratio of 0.32, the company may face challenges in meeting short-term liabilities, raising concerns about liquidity.
  • Analysts have mixed ratings, with one hold rating among the buy ratings, indicating some uncertainty about the stock's future 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 research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last year. There is currently 1 hold rating, 3 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLEN shares.

According to analysts, Glencore's stock has a predicted upside of 46.14% 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.


This page (LON:GLEN) was last updated on 1/31/2025 by MarketBeat.com Staff
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