LONDON (AFX) – Shares of BHP Billiton PLC have slipped after UBS cut its rating on the mining giant to ‘neutral’ from ‘buy’, while maintaining its 475 pence price target, based on the stocks’ recent run up, dealers said. (US$1=60 pence). BHP’s share price has appreciated by 47% since its July 1 low of 311…
AUSTRALIA: BHP sinks as UBS cuts to ‘neutral’ from ‘buy’
Posted on October 29, 2003 by EnergyAsia