Analysts have been eager to weigh in on the Materials sector with new ratings on BHP Group Ltd (BHPLF – Research Report) and AIC Mines Limited (IAUFF – Research Report).
BHP Group Ltd (BHPLF)
In a report released today, Robert Stein from Macquarie maintained a Hold rating on BHP Group Ltd, with a price target of A$42.00. The company’s shares closed last Thursday at $29.20.
According to TipRanks.com, Stein is a 4-star analyst with an average return of
Currently, the analyst consensus on BHP Group Ltd is a Moderate Buy with an average price target of $32.28, representing an 11.7% upside. In a report issued on April 4, Deutsche Bank also maintained a Hold rating on the stock with a p2250.00 price target.
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AIC Mines Limited (IAUFF)
Shaw and Partners analyst Peter Kormendy maintained a Buy rating on AIC Mines Limited today and set a price target of A$0.90. The company’s shares closed last Tuesday at $0.20.
According to TipRanks.com, Kormendy is ranked #8590 out of 8781 analysts.
Currently, the analyst consensus on AIC Mines Limited is a Strong Buy with an average price target of $0.46, a 132.4% upside from current levels. In a report issued on April 5, Moelis also maintained a Buy rating on the stock with a A$0.56 price target.
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