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BHP Group Ltd (BHPLF) Gets a Hold Rating from Jefferies

Jefferies analyst Chris LaFemina maintained a Hold rating on BHP Group Ltd (BHPLFResearch Report) on March 9 and set a price target of p2750.00. The company’s shares closed last Monday at $33.00.

According to TipRanks.com, LaFemina is a 4-star analyst with an average return of 7.7% and a 55.0% success rate. LaFemina covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, First Quantum Minerals, and Peabody Energy Comm.

The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a $33.56 average price target, implying a 0.1% upside from current levels. In a report issued on March 9, Citigroup also maintained a Hold rating on the stock with a price target.

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The company has a one-year high of $41.46 and a one-year low of $25.28. Currently, BHP Group Ltd has an average volume of 1.49M.

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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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