RBC Maintains Outperform on Glencore plc (GLNCY) Feb 2026

RBC Capital maintained Outperform on Glencore plc (GLNCY) on February 4, 2026. The firm also raised its price target to 540 GBp from 530 GBp. This update is a maintained positive stance rather than a new upgrade. The GLNCY analyst rating sits alongside a reported 7.74% price move, equivalent to $1.02 since the note. Investors should note the maintained conviction and a modest target lift from a major commodities analyst.