---
title: "New Buy Rating for Glencore (GLEN), the Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291426399.md"
description: "Berenberg Bank analyst reiterated a Buy rating on Glencore today and set a price target of p780.00.End of Quarter Sale - 70% Off Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions. Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glencore with a p645.00 average price target."
datetime: "2026-07-01T13:35:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291426399.md)
  - [en](https://longbridge.com/en/news/291426399.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291426399.md)
generator: "portal-rs"
---

# New Buy Rating for Glencore (GLEN), the Basic Materials Giant

Berenberg Bank analyst reiterated a Buy rating on Glencore today and set a price target of p780.00.

### End of Quarter Sale - 70% Off

-   Unlock powerful investing tools and data-driven insights with TipRanks Premium for more confident investment decisions.
-   Discover top stock picks and new investment opportunities through TipRanks' Smart Investor Newsletter.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Glencore with a p645.00 average price target.

### Related Stocks

- [GLEN.UK](https://longbridge.com/en/quote/GLEN.UK.md)

## Related News & Research

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- [South Korea’s Eximbank backs Glencore with $1B loan to secure copper for AI](https://longbridge.com/en/news/296057160.md)
- [Man Group PLC : Form 8.3 - Senior plc](https://longbridge.com/en/news/296598007.md)
- [Glencore (GLEN): New Buy Recommendation for This Basic Materials Giant](https://longbridge.com/en/news/293994201.md)
- [REG - Liontrust Asset Mgmt Gamma Communications - Form 8.3 - Gamma Communications Plc](https://longbridge.com/en/news/296358439.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**