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Glencore "far too cheap", says Bernstein

Analyst says market has priced in US$8B fine from DOJ and dislikes copper and coal prospects

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Glencore's coal and copper businesses don't get the valuation as its competitors, Gait says

Glencore's coal and copper businesses don't get the valuation as its competitors, Gait says

Glencore has been hit by corruption investigations and the "high discounting of the coal and African copper business units", Bernstein analyst Paul Gait said.  "This is completely at odds with the acquisitive...

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