Glencore (LON:GLEN) Stock Price Crosses Above Two Hundred Day Moving Average – Here’s What Happened

Posted by ABMN Staff on Jun 25th, 2026

Glencore plc (LON:GLEN – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 514.18 and traded as high as GBX 541.67. Glencore shares last traded at GBX 521.70, with a volume of 53,899,234 shares.

Analyst Ratings Changes

Several research analysts recently issued reports on GLEN shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 630 target price on shares of Glencore in a research report on Friday, May 1st. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 720 price objective on shares of Glencore in a report on Tuesday, June 9th. Citigroup boosted their price objective on Glencore from GBX 6,700 to GBX 7,700 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Glencore from GBX 500 to GBX 560 and gave the stock a “neutral” rating in a report on Tuesday, May 26th. Five research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of GBX 1,755.

Read Our Latest Report on GLEN

Glencore Stock Performance

The company has a debt-to-equity ratio of 106.72, a quick ratio of 0.32 and a current ratio of 1.06. The company’s 50-day moving average price is GBX 570.71 and its two-hundred day moving average price is GBX 514.18. The stock has a market cap of £61.12 billion, a PE ratio of 173.90, a PEG ratio of 0.43 and a beta of 0.51.

Glencore Company Profile

(Get Free Report)

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today.
With over 150,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 50 offices.