Glencore (GLEN) Share Forecast, Price & News

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 1 hold rating and 9 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" GLEN shares.
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10 brokers have issued 1-year price targets for Glencore's stock. Their GLEN share price forecasts range from GBX 540 to GBX 650. On average, they expect the company's stock price to reach GBX 589.50 in the next year. This suggests a possible upside of 26.6% from the stock's current price.
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Glencore's stock was trading at GBX 552.40 at the start of the year. Since then, GLEN stock has decreased by 15.7% and is now trading at GBX 465.50.
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Glencore declared a dividend on Wednesday, February 15th. Investors of record on Thursday, August 31st will be paid a dividend of GBX 0.22 per share on Friday, September 22nd. This represents a dividend yield of 3.51%. The ex-dividend date is Thursday, August 31st. This is an increase from the stock's previous dividend of GBX 0.13. The official announcement can be seen at this link.
Read our dividend analysis for GLEN.

Glencore (LON:GLEN) pays an annual dividend of GBX 35 per share and currently has a dividend yield of 7.75%. GLEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,645.16%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for GLEN.

Based on aggregate information from My MarketBeat watchlists, some companies that other Glencore investors own include Barclays (BARC), Lloyds Banking Group (LLOY), Glencore (GLNCY), Centamin (CEY), Anglo American (AAL), Rio Tinto Group (RIO), HSBC (HSBA), Royal Dutch Shell (RDSB), Playtech (PTEC) and Tesco (TSCO).

Glencore trades on the London Stock Exchange (LON) under the ticker symbol "GLEN."

Shares of GLEN stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of GLEN stock can currently be purchased for approximately GBX 465.50.

Glencore (LON:GLEN) has a market capitalization of £57.49 billion and generates £228.96 billion in revenue each year. The natural resources company earns £9.80 billion in net income (profit) each year or GBX 0.62 on an earnings per share basis.

The company employs 140,000 workers across the globe.

Glencore's mailing address is Baarermattstrasse 3, BAAR, ZUG 6340, Switzerland. The official website for the company is www.glencore.com. The natural resources company can be reached via phone at +41-41-7092000.