Glencore PLC (OTCMKTS:GLNCY) Receives $9.30 Average Price Target from Brokerages

Posted by Brenda Bartman on Jul 30th, 2026

Glencore PLC (OTCMKTS:GLNCY – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, three have issued a hold rating, seven have issued a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $9.30.

A number of research firms have weighed in on GLNCY. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Glencore in a report on Thursday, July 2nd. The Goldman Sachs Group upgraded shares of Glencore from a “hold” rating to a “buy” rating in a research report on Thursday, July 9th. HSBC raised shares of Glencore from a “hold” rating to a “buy” rating in a report on Tuesday, April 14th. Morgan Stanley reiterated an “overweight” rating on shares of Glencore in a research note on Thursday, April 9th. Finally, Zacks Research downgraded shares of Glencore from a “hold” rating to a “strong sell” rating in a report on Thursday, July 9th.

Get Our Latest Stock Report on GLNCY

Glencore Trading Up 3.1%

Shares of GLNCY opened at $13.85 on Thursday. The stock’s 50-day simple moving average is $14.58 and its 200 day simple moving average is $14.35. The company has a debt-to-equity ratio of 0.84, a current ratio of 1.06 and a quick ratio of 0.54. Glencore has a 52-week low of $7.44 and a 52-week high of $16.62.

About Glencore

(Get Free Report)

Glencore is a global natural resources company engaged in the production, processing and marketing of commodities. The business combines large-scale mining and metals operations with an extensive physical commodities trading and marketing platform. Its activities span the full commodity value chain, from extraction and smelting/refining to the commercial distribution of metals and energy products to industrial customers worldwide.

Key product areas include base and precious metals (such as copper, zinc, nickel and related concentrates), bulk commodities and energy products (including thermal coal and oil) and associated value‑added materials and services.

Glencore PLC (OTCMKTS:GLNCY) Receives $9.30 Average Price Target from Brokerages

Glencore Trading Up 3.1%

About Glencore

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