Glencore (GLNCY) Stock Forecast & Price Target

$9.18 -0.05 (-0.57%)

As of 01/17/2025 03:59 PM 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

Strong Buy

Based on 5 Analyst Ratings

Sell
0

Hold
0

Buy
5

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

Consensus Price Target

N/A

Get the Latest News and Ratings for GLNCY and Related Stocks

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

GLNCY Analyst Ratings Over Time

Type	Current Forecast 1/21/24 to 1/20/25	1 Month Ago 12/22/23 to 12/21/24	3 Months Ago 10/23/23 to 10/22/24	1 Year Ago 1/21/23 to 1/21/24
Strong Buy	5 Strong Buy rating(s)	5 Strong Buy rating(s)	3 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	0 Buy rating(s)	0 Buy rating(s)	0 Buy rating(s)	4 Buy rating(s)
Hold	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	N/A	N/A	N/A	N/A
Forecasted Upside	N/A	N/A	N/A	N/A
Consensus Rating	Strong Buy	Strong Buy	Strong Buy	Buy

GLNCY 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.

GLNCY 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	S&P 500
Consensus Rating Score	4.00	2.76	2.52
Consensus Rating	Strong Buy	Moderate Buy	Moderate Buy
Predicted Upside	N/A	130.33% Upside	12.44% Upside
News Sentiment Rating	Neutral News See Recent GLNCY News	Neutral News	Positive 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
12/16/2024	BMO Capital Markets 4 of 5 stars	A. Pearce Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
10/28/2024	Hsbc Global Res 0 of 5 stars	S. Modi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Strong-Buy
10/16/2024	Barclays 3 of 5 stars	I. Rossouw Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/8/2024	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Calero Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Moderate Buy
8/8/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	M. Greene Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
8/8/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	E. Ravi Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
10/11/2023	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy
8/9/2023	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 525 ➝ GBX 500
7/25/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 560 ➝ GBX 550
6/5/2023	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 575 ➝ GBX 560
Get the Latest News and Ratings for GLNCY 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.
4/24/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		GBX 620 ➝ GBX 610
3/20/2023	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
3/20/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
2/15/2023	AlphaValue Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Monday at 10:24 PM ET.

Should I Buy Glencore Stock? GLNCY 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 14, 2025. 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:

Glencore plc has recently received a consensus recommendation of "Strong Buy" from five research firms, indicating strong confidence from analysts in the company's future performance.
The stock is currently trading at approximately $8.94, which is near its 52-week low of $8.66, potentially offering a buying opportunity for investors looking for value.
Several major investment firms, including BMO Capital Markets and Barclays, have upgraded their ratings on Glencore plc to "strong-buy," suggesting positive sentiment and expected growth.
Glencore plc operates in diverse sectors, including metals, minerals, and energy products, which can provide stability and growth potential in various market conditions.
The company's recent trading volume has been robust, indicating strong investor interest and liquidity, which can be beneficial for those looking to enter or exit positions easily.

Glencore
Bear Case

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

Despite the upgrades, the stock has reached a new 52-week low, which may indicate underlying issues or market concerns that could affect future performance.
The company's 50-day moving average is $9.85, which is above the current stock price, suggesting a potential downward trend that could deter investors.
Glencore plc's stock has experienced significant volatility, with a 1-year high of $12.74, indicating that the stock may be subject to sharp price fluctuations.
Investors may be cautious due to the overall economic environment affecting commodity prices, which can directly impact Glencore's profitability.
There is a risk associated with the company's operations across multiple regions, as geopolitical factors can influence market stability and operational efficiency.

GLNCY Forecast - Frequently Asked Questions

: 5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 5 strong buy ratings for the stock. The consensus among Wall Street analysts is that investors should "strong buy" GLNCY shares.
: According to analysts, Glencore's stock has a predicted downside of -100.00% based on their 12-month stock forecasts.
: Over the previous 90 days, Glencore's stock had 2 upgrades by analysts.
: Glencore has been rated by research analysts at BMO Capital Markets, and Hsbc Global Res in the past 90 days.
: Analysts like Glencore more than other "basic materials" companies. The consensus rating for Glencore is Strong Buy while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how GLNCY compares to other companies.

Stock Forecasts and Research Tools

Related Companies

Today's Ratings

Top Rated Stocks

More Ratings Tools

This page (OTCMKTS:GLNCY) was last updated on 1/20/2025 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 (GLNCY) Stock Forecast & Price Target