Glencore (GLEN) Share Forecast, Price & News

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Glencore in the last twelve months. There are currently 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" GLEN shares.
View GLEN analyst ratings or view top-rated stocks.

9 Wall Street analysts have issued 12-month price targets for Glencore's shares. Their GLEN share price forecasts range from GBX 540 to GBX 740. On average, they anticipate the company's share price to reach GBX 618.18 in the next twelve months. This suggests a possible upside of 46.3% from the stock's current price.
View analysts price targets for GLEN or view top-rated stocks among Wall Street analysts.

Glencore's stock was trading at GBX 552.40 at the beginning of 2023. Since then, GLEN stock has decreased by 23.5% and is now trading at GBX 422.60.
View the best growth stocks for 2023 here.

Glencore announced a dividend on Wednesday, February 15th. Stockholders of record on Thursday, August 31st will be given a dividend of GBX 0.22 per share on Friday, September 22nd. This represents a dividend yield of 3.51%. The ex-dividend date of this dividend is Thursday, August 31st. This is an increase from the stock's previous dividend of GBX 0.13. The official announcement can be accessed at this link.
Read our dividend analysis for GLEN.

Glencore (LON:GLEN) pays an annual dividend of GBX 36 per share and currently has a dividend yield of 8.27%. GLEN has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 3,396.23%. 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.
Compare Top Brokerages Here.

One share of GLEN stock can currently be purchased for approximately GBX 422.60.

Glencore (LON:GLEN) has a market capitalization of £52.87 billion and generates £255.98 billion in revenue each year. The natural resources company earns £17.32 billion in net income (profit) each year or GBX 1.06 on an earnings per share basis.

The company employs 81,284 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.