♔ The Trade Off
RBC Capital Reaffirms Their Hold Rating on BHP Group Ltd (BHPLF)
In a report released yesterday, Kaan Peker from RBC Capital maintained a Hold rating on BHP Group Ltd, with a price target of A$55.00.
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Peker covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, IGO, and South32. According to TipRanks, Peker has an average return of 18.5% and a 55.84% success rate on recommended stocks.
In addition to RBC Capital, BHP Group Ltd also received a Hold from Citi’s Ephrem Ravi in a report issued yesterday. However, today, Morgan Stanley maintained a Buy rating on BHP Group Ltd (Other OTC: BHPLF).
BHPLF market cap is currently A$259.6B and has a P/E ratio of 18.63.
Read More on BHPLF:
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- BHP unlocks $4.3bn via record silver streaming deal on Antamina stake
- BHP Half-Year Profit Surges as Copper Becomes Main Earnings Engine
- BHP Posts HY2026 Results Presentation to FCA and Company Website
- Wheaton subsidiary acquires additional silver stream on Antamina
- BHP Group price target raised to 2,600 GBp from 2,400 GBp at JPMorgan
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