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Analysts Are Bullish on These Materials Stocks: BHP Group Ltd (BHPLF), OZ Minerals Limited (OZMLF)

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 OZ Minerals Limited (OZMLFResearch Report) with bullish sentiments.

BHP Group Ltd (BHPLF)

According to TipRanks.com, O’Connor is a 2-star analyst with an average return of -1.8% and a 50.0% success rate. O’Connor covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Fortescue Metals Group Ltd, and Sandfire Resources Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for BHP Group Ltd with a $35.61 average price target, which is a 4.5% upside from current levels. In a report issued on June 1, Goldman Sachs also initiated coverage with a Buy rating on the stock with a £51.20 price target.

See the top stocks recommended by analysts >>

OZ Minerals Limited (OZMLF)

According to TipRanks.com, McCutcheon is a 1-star analyst with an average return of -4.9% and a 31.3% success rate. McCutcheon covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Sandfire Resources Limited, and Evolution Mining Limited.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for OZ Minerals Limited with a $18.44 average price target.

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.

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