Broker Recommendations

RBC hails cash flow potential at Glencore, keeps at 'outperform'

By Benjamin Chiou

Date: Friday 15 Mar 2024

(Sharecast News) - RBC Capital Markets has reiterated its 'outperform' rating on Glencore following the mining and commodities giant's annual results last month, saying its cash generation potential remains "solid".
"Glencore's 2023 results acted as a clearing event and removed guidance risks from the investment case," the broker said.

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