Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Glencore (GLEN): New Buy Recommendation for This Basic Materials Giant

Tipranks - Tipranks - Thu Feb 26, 12:52AM CST

In a report released today, Ian Rossouw CFA from Barclays maintained a Buy rating on Glencore, with a price target of £5.50.

Claim 50% Off TipRanks Premium

According to TipRanks, Rossouw CFA is a 5-star analyst with an average return of 14.4% and a 58.39% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as Glencore, First Quantum Minerals, and Anglo American.

In addition to Barclays, Glencore also received a Buy from TipRanks – Google’s Google Materials GB in a report issued on February 19. However, on February 20, J.P. Morgan maintained a Hold rating on Glencore (LSE: GLEN).

See the top stocks recommended by analysts >>

Based on Glencore’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of p130.73 billion and a net profit of p1.02 billion. In comparison, last year the company earned a revenue of p113.85 billion and had a GAAP net loss of p1.4 billion

Read More on GB:GLEN:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).