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Analysts Offer Insights on Materials Companies: BHP Group Ltd (OtherBHPLF) and Centamin (OtherCELTF)

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on BHP Group Ltd (BHPLFResearch Report) and Centamin (CELTFResearch Report) with bullish sentiments.

BHP Group Ltd (BHPLF)

Jefferies analyst Chris LaFemina reiterated a Buy rating on BHP Group Ltd today and set a price target of p2700.00. The company’s shares closed last Thursday at $28.83.

According to TipRanks.com, LaFemina is a 4-star analyst with an average return of 5.0% and a 53.2% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as First Quantum Minerals, Rio Tinto Limited, and Freeport-McMoRan.

BHP Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $30.63, which is a 6.0% upside from current levels. In a report issued on April 5, J.P. Morgan also maintained a Buy rating on the stock with a A$53.00 price target.

See today’s best-performing stocks on TipRanks >>

Centamin (CELTF)

In a report released today, Richard Hatch from Berenberg Bank reiterated a Buy rating on Centamin, with a price target of p150.00. The company’s shares closed last Wednesday at $1.59, close to its 52-week high of $1.64.

According to TipRanks.com, Hatch is a 4-star analyst with an average return of 4.2% and a 52.6% success rate. Hatch covers the Basic Materials sector, focusing on stocks such as Adriatic Metals Shs Chess Deposit Interests Repr 1 Sh, Resolute Mining Limited, and Wheaton Precious Metals.

Centamin has an analyst consensus of Strong Buy, with a price target consensus of $1.80, a 12.5% upside from current levels. In a report released today, BMO Capital also reiterated a Buy rating on the stock with a £1.60 price target.

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