Berenberg Bank Confirms Hold Rating on Glencore (GLCNF)

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Berenberg Bank has reiterated its Hold recommendation on Glencore (OTCPK:GLCNF) as of October 30, 2025, forecasting a price target of $5.38 per share, which represents a potential downside of 12.20% from its latest closing price of $6.13.

Projected annual revenue for Glencore is $234.5 billion, an increase of 1.41%, with an anticipated non-GAAP EPS of $0.85. Reporting positions have decreased by 3.69% among 418 funds or institutions, with total shares owned declining by 1.53% to 2.68 billion shares over the last quarter.

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