Broker Roundup: Tesco, BSkyB, Glencore, British Land, Fenner, ZincOx Resources ... - Proactive Investors UK
Tue, 19 Jul 2011 14:38This morning, in a note to clients, JP Morgan Cavenove highlighted its 'overweight' rating with a 815p price target which suggests the shares could rise around 16 percent from the current price of 726p. The performance of Glencore International ...
Glencore will snap out of its post-IPO trough, says Citigroup - Proactive Investors UK
Tue, 19 Jul 2011 08:28“However these issues are likely to result in Glencore's share price performing in line with its peers in the near term.” His comments followed the announcement yesterday of the company's acquisition of a 70 per cent stake in the Mina Justa copper ...
Glencore CEO Defends Stock - Wall Street Journal (blog)
Wed, 06 Jul 2011 00:17But the external environment alone doesn't explain Glencore's share-price weakness. Indeed, the STOXX Europe 600 Basic Resources Index is up 2% since Glencore went public in a simultaneous listing in London and Hong Kong. What also hurt the shares was ...
Glencore IPO banks start coverage with buy rating - MarketWatch
Wed, 29 Jun 2011 09:27Liberum Capital doesn't provided a target price but set the company's fair value at 609p a share. Morgan Stanley, which has an overweight rating and 604p target price on the stock, said Glencore's share price weakness was in line with other mining ...
Sale of top DRC mine may stymie share offer - Independent Online
Sun, 17 Jul 2011 08:05The transactions were revealed without a sales price in a prospectus issued by Glencore International, which operates the mines, before Glencore's initial public offering in May. While Gecamines had “world-class assets”, with some of the richest copper ...