RBC Capital analyst Kaan Peker maintained a Hold rating on BHP Group Ltd (BHPLF – Research Report) yesterday. The company’s shares closed yesterday at $29.20.
Peker covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, BHP Group Ltd, and Fortescue Metals Group Ltd. According to TipRanks, Peker has an average return of -1.1% and a 45.36% success rate on recommended stocks.
BHP Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $33.17, implying a 13.60% upside from current levels. In a report released today, Macquarie also maintained a Hold rating on the stock with a A$42.00 price target.
BHPLF market cap is currently $145B and has a P/E ratio of 20.01.
Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying 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.
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