Berenberg Bank Maintains Hold Rating on Glencore (GLCNF)

Written by Emily J. Thompson, Senior Investment Analyst

Source: NASDAQ.COM

Updated: Nov 01 2025

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Source: NASDAQ.COM

Berenberg Bank's Recommendation: On October 30, 2025, Berenberg Bank maintained a "Hold" recommendation for Glencore (OTCPK:GLCNF), with an average one-year price target of $5.38/share, indicating a potential downside of 12.20% from its last closing price of $6.13/share.
Projected Revenue and EPS: Glencore's projected annual revenue is estimated at $234,503 million, reflecting a 1.41% increase, while the projected annual non-GAAP EPS is 0.85.
Fund Sentiment Changes: There are currently 418 funds reporting positions in Glencore, a decrease of 16 funds (3.69%) from the previous quarter, with total shares owned by institutions dropping by 1.53% to 2,681,991K shares.
Shareholder Activity: Notable changes in shareholder allocations include Goldman Sachs reducing its stake by 25.02%, while Oakmark International Fund increased its holdings by 27.30% over the last quarter.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.