Glencore Investors Will Shift Focus to Other Matters After Rio Tinto Deal Falls Through -- Market Talk

Dow Jones
02/06

0635 GMT - Questions will now emerge about Glencore's strategic future after a planned merger with rival Rio Tinto came to naught, J.P. Morgan writes, resuming coverage of the stock with a neutral rating. The two miners said Thursday that they had ended talks on a tie-up, citing disagreements over key details. Investors will now focus on copper growth and potential other deals and divestments, JPM's analysts say. The investment bank has a 4.90 pounds target price on the London-listed stock. Shares last closed at 4.75 pounds. (joshua.kirby@wsj.com; @joshualeokirby)

 

(END) Dow Jones Newswires

February 06, 2026 01:35 ET (06:35 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10