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

Shares of Glencore PLC (OTCMKTS:GLNCY) have been given a consensus rating of “Moderate Buy” by the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has assigned a strong buy recommendation to 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 analysts have commented on GLNCY shares. UBS Group downgraded shares of Glencore from a “strong-buy” rating to a “hold” rating in a research report on Friday, December 12th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Glencore in a research note on Thursday. Morgan Stanley reissued an “overweight” rating on shares of Glencore in a report on Tuesday, December 16th. Berenberg Bank upgraded Glencore from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Finally, Barclays reaffirmed an “overweight” rating on shares of Glencore in a research report on Monday, December 8th.

Glencore Stock Performance

Shares of Glencore stock opened at $12.04 on Friday. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.58 and a current ratio of 1.15. The stock’s fifty day moving average price is $10.06 and its 200-day moving average price is $9.00. Glencore has a 12 month low of $5.74 and a 12 month high of $12.33.

Glencore News Summary

Here are the key news stories impacting Glencore this week:

• Positive Sentiment: Confirmed early merger talks with Rio Tinto lifted investor optimism that an all‑share deal could create the world’s largest miner, pushing Glencore shares higher on hopes of strategic scale and commodity exposure. Glencore rises on prospect of Rio Tinto merger to form world’s biggest miner
• Positive Sentiment: Multiple outlets report the talks describe a potential ~$200–280bn all‑share merger, signaling a transformational deal that would attract strategic and index attention (and likely re-rate Glencore if completed). Glencore and Rio Tinto shares jump confirm $260bn merger talks as copper race intensifies
• Positive Sentiment: Merger interest is being driven by a cyclical and structural upswing in copper and other critical metals tied to the energy transition — a bullish backdrop for Glencore’s copper growth plans. Rio Tinto and Glencore discuss mega-merger as copper boom tempts miners
• Positive Sentiment: Wall Street advisory interest is high — banks expect sizable fees if a deal proceeds, which underscores the seriousness of negotiations and the scale of the potential transaction. Wall Street jostles to advise on Rio-Glencore, eyes $100 million prize
• Neutral Sentiment: Both companies cautioned the talks are preliminary and that there is no certainty a transaction will be agreed — a reminder that headlines can move the stock before deal mechanics or approvals are clear. Glencore Stock Jumps, and Rio Tinto Shares Fall. The Two Miners Confirm Early Merger Talks.
• Neutral Sentiment: Market roundups and coverage (Reuters/WSJ/CNBC) are amplifying volatility; investors should expect trading swings as speculation, analyst notes and deal rumours circulate. Market reaction to Rio Tinto’s buyout talks with Glencore
• Negative Sentiment: Analysts warn Glencore’s legacy coal business may weigh on valuation and investors could be underestimating transition and asset‑mix risks despite copper upside — a factor that could limit upside absent clear disposal or re‑rating plans. Glencore investors might be getting their valuation math wrong analysts say

About Glencore

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.