RBC Capital analyst Kaan Peker maintained a Hold rating on BHP Group Ltd (BHPLF – Research Report) on March 4 and set a price target of A$44.00. The company’s shares closed yesterday at $28.51.
Peker covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Fortescue Metals Group Ltd, and Rio Tinto Limited. According to TipRanks, Peker has an average return of -2.3% and a 47.73% success rate on recommended stocks.
In addition to RBC Capital, BHP Group Ltd also received a Hold from Liberum Capital’s Ben Davis in a report issued yesterday. However, on March 1, Jefferies maintained a Buy rating on BHP Group Ltd (Other OTC: BHPLF).
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $35.60 and a one-year low of $26.38. Currently, BHP Group Ltd has an average volume of 246.9K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
BHP Group Ltd (BHPLF) Company Description:
BHP Group Ltd. engages in the exploration, development, production, and processing of iron ore, metallurgical coal, and copper. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment explores, develops, and produces oil and gas. The Copper segment refers to the mining of copper, silver, lead, zinc, molybdenum, uranium, and gold. The Iron Ore segment consist of iron ore. The Coal segment focuses on metallurgical coal and energy coal. The company was founded on August 13, 1885 and is headquartered in Melbourne, Australia.
Read More on BHPLF:
- BHP signs tentative agreements for Canadian potash, Reuters reports
- Australian Stocks: BHP Boasts Over 5% Dividend Yield
- BHP Group price target lowered to 2,520 GBp from 2,610 GBp at Barclays
- BHP Group price target lowered to 2,650 GBp from 2,660 GBp at JPMorgan
- BHP Shares Decline as Profits Drop on Nickel Asset Impairments
