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Glencore "far too cheap": analyst

MAJOR miner and trader Glencore is trading well under its historical average valuation, and its share price could climb 70%, despite the prospect of massive US fine, according to Bernstein.

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Glencore's coal and copper businesses don't get the valuation as its competitors, Gait says

Glencore's coal and copper businesses don't get the valuation as its competitors, Gait says

Glencore has been hit by corruption investigations and the "high discounting of the coal and African copper business units", Bernstein analyst Paul Gait said.  "This is completely at odds with the acquisitive...

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