Glencore's First-Half Seen Suffering From Lower Commodity Prices - News Summed Up

Glencore's First-Half Seen Suffering From Lower Commodity Prices


Glencore's First-Half Seen Suffering From Lower Commodity Prices1148 GMT - Glencore's first-half earnings are expected to be hit by lower commodity prices, especially for coal, analysts at Citi say in a note. ---Cordel Sees 2023 In Line With Views, With Revenue GrowingCordel Group expects to report results 2023 in line with market expectations, with revenue seen growing by a almost a third on-year. ---Etalon Group Sales Rose On Regional PushEtalon Group's first-half new contract sales rose on its expanded affordable housing offer in regional markets. Liberum retains its buy rating on the stock and raises its target price to 165 pence from 150 pence. Citi rates the stock as a buy, raising its target price to 1,181 pence from 1,150 pence.


Source: Wall Street Journal August 07, 2023 12:21 UTC



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