In a report released today, Adrian Prendergast from Morgans maintained a Buy rating on BHP Group Ltd, with a price target of A$43.90. The company’s shares closed yesterday at $27.50.
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According to TipRanks, Prendergast is a 4-star analyst with an average return of 12.6% and a 54.64% success rate. Prendergast covers the Energy sector, focusing on stocks such as Beach Energy , Santos Limited, and Amplitude Energy.
In addition to Morgans, BHP Group Ltd also received a Buy from CLSA’s Baden Moore in a report issued on July 21. However, on the same day, Barclays maintained a Hold rating on BHP Group Ltd (Other OTC: BHPLF).
The company has a one-year high of $32.00 and a one-year low of $19.04. Currently, BHP Group Ltd has an average volume of 379.7K.
Read More on BHPLF:
- BHP Group price target lowered to 2,130 GBp from 2,260 GBp at JPMorgan
- Positive Outlook for BHP Group Ltd: Strong Production Figures and Strategic Developments Support Buy Rating
- BHP Group downgraded to Neutral from Outperform at Macquarie
- BHP Group downgraded to Neutral at Macquarie on Jansen cost ‘blow out’
- Lifezone Metals consolidates control of Kabanga Nickel Project in Tanzania