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Berenberg maintains BHP Group on 'Hold' - target 2000 pence
HAMBURG (dpa-AFX Analyst) - Private bank Berenberg has maintained its "Hold" rating for BHP Group with a price target of 2,000 pence. Weak iron ore prices, the problems in the Chinese real estate sector, and the prospective growth in global iron ore production weighed on sentiment, wrote analyst Richard Hatch in an industry report released Tuesday./mis/nas
Publication of the original report: August 19, 2024 / 4:03 PM / GMT
First distribution of the original report: Date not specified in report / Time not specified in report / Time zone not specified in report
Note: Information on the disclosure obligation in the event of conflicts of interest within the meaning of Section 85 (1) of the German Securities Trading Act (WpHG), Article 20 of Regulation (EU) No. 596/2014 for the aforementioned analyst firm can be found at http://web.dpa-afx.de/offenlegungspflicht/offenlegungs_pflicht.html.