Analyst Price Target is $9,700.00
▲ +85,287.32% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Glencore in the last 3 months. The average price target is $9,700.00, with a high forecast of $9,700.00 and a low forecast of $9,700.00. The average price target represents a 85,287.32% upside from the last price of $11.36.
Current Consensus is
The current consensus among 11 contributing investment analysts is to buy stock in Glencore. This Buy consensus rating has held steady for over two years.
Glencore Plc engages in the production and marketing of metal, mineral, and energy and agricultural commodities. The firm serves the automotive, steel, power generation, battery manufacturing, and oil sectors. It operates through the following segments: Marketing, Industrial, and Corporate and Other. The Marketing segment includes net sale and purchase of physical commodities, and provision of marketing and related value-add services. The Industrial segment comprises the sale of physical commodities over the cost of production and/or cost of sales. The Corporate and Other segment represents Group related income and expenses. The company was founded in 1974 and is headquartered in Baar, Switzerland.