2337 GMT - The end of takeover talks with Rio Tinto gives investors a chance to nab Glencore shares "an even more attractive discount," Barclays analysts say in a note. "Meanwhile for RIO the impact is likely to be broadly share price neutral, in our view," say the analysts. Barclays has an overweight rating on both stocks. It has a price target of 525 pence on Glencore, and a sum-of-the-parts valuation of 723p for 2027. Barclays has a 6,885p on Rio Tinto's London shares. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)
(END) Dow Jones Newswires
February 05, 2026 18:37 ET (23:37 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.