Berenberg Bank Maintains Hold Rating on Glencore (GLCNF)

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.