Looking At The Narrative For Glencore LSE GLEN After Shifting Fair Value And Targets
Why Glencore’s fair value update matters now The fair value estimate for Glencore has been updated from 4.89 to 5.30, while the discount rate used in the model has shifted from 8.76% to 9.03%, and the revenue growth input has moved from 1.30% to 1.92%. Bullish analysts who have raised their price targets in stages, including moves to 440 GBp and 480 GBp, are broadly signalling confidence that Glencore can execute well enough for these refreshed assumptions on value, risk and revenue growth to...
Why Glencore’s fair value update matters now The fair value estimate for Glencore has been updated from 4.89 to 5.30, while the discount rate used in the model has shifted from 8.76% to 9.03%, and the revenue growth input has moved from 1.30% to 1.92%. Bullish analysts who have raised their price targets in stages, including moves to 440 GBp and 480 GBp, are broadly signalling confidence that Glencore can execute well enough for these refreshed assumptions on value, risk and revenue growth to...