Analysts Offer Insights on Materials Companies: BHP Group Ltd (OtherBHPLF) and Northern Star Resources Ltd (OtherNESRF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on BHP Group Ltd (BHPLF) and Northern Star Resources Ltd (NESRF).
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BHP Group Ltd (BHPLF)
In a report released today, Adrian Prendergast from Morgans maintained a Hold rating on BHP Group Ltd, with a price target of A$53.80. The company’s shares closed last Friday at $38.76.
Prendergast has an average return of
According to TipRanks.com, Prendergast is ranked #476 out of 12128 analysts.
BHP Group Ltd has an analyst consensus of Hold, with a price target consensus of $36.25, a -7.1% downside from current levels. In a report issued on April 1, Berenberg Bank also upgraded the stock to Hold with a p2500.00 price target.
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Northern Star Resources Ltd (NESRF)
In a report released yesterday, Jack Whelan from Citi maintained a Buy rating on Northern Star Resources Ltd, with a price target of A$29.70. The company’s shares closed last Friday at $17.64.
According to TipRanks.com, Whelan is a 1-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Northern Star Resources Ltd with a $19.54 average price target, which is a 14.9% upside from current levels. In a report issued on March 30, UBS also upgraded the stock to Buy with a A$24.70 price target.
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