In a report released today, Amos Fletcher from Barclays assigned a Hold rating to BHP Group Ltd (BHPLF – Research Report), with a price target of £26.10. The company’s shares closed last Friday at $30.25.
According to TipRanks, Fletcher is an analyst with an average return of -1.4% and a 52.65% success rate. Fletcher covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Vale SA, and FRESNILLO.
The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a $33.17 average price target, representing a 9.65% upside. In a report released today, Citi also maintained a Hold rating on the stock with a A$49.00 price target.
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 193.6K.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BHPLF in relation to earlier this year.
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 Group price target lowered to 2,660 GBp from 2,730 GBp at JPMorgan
- Here’s Why BHP’s Half-Year Profits Could be Under Pressure
- BHP makes transformational donation to YWCA Saskatoon’s Hope Lives Here Campaign
- BHP awards 26 scholarships to Saskatchewan students
- BHP Donates $150,000 Towards Saskatoon’s Medically Inclusive Childcare Center
