RBC Capital analyst Ben Davis raised the firm’s price target on Glencore (GLNCY) to 540 GBp from 530 GBp and keeps an Outperform rating on the shares.
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Read More on GLNCY:
- Glencore: Strategic Optionality and Deal Uncertainty Justify Balanced Hold Recommendation
- Glencore near tapping Citi as adviser for Rio Tinto deal talks, Reuters reports
- Rio, Glencore to seek more time for merger talks, Bloomberg says
- Glencore price target raised to 550 GBp from 500 GBp at Deutsche Bank
- Glencore price target raised to 570 GBp from 430 GBp at Morgan Stanley
