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BHP Group Ltd (BHPLF) Gets a Hold from Morgans
In a report released today, Adrian Prendergast from Morgans maintained a Hold rating on BHP Group Ltd, with a price target of A$59.80.
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Prendergast covers the Energy sector, focusing on stocks such as Karoon Energy Ltd, Amplitude Energy, and Beach Energy . According to TipRanks, Prendergast has an average return of 16.6% and a 58.56% success rate on recommended stocks.
In addition to Morgans, BHP Group Ltd also received a Hold from J.P. Morgan’s Dominic OKane in a report issued on July 14. However, on July 9, Morgan Stanley maintained a Buy rating on BHP Group Ltd (Other OTC: BHPLF).
BHPLF market cap is currently A$296.4B and has a P/E ratio of 20.77.
Read More on BHPLF:
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- BHP Group reports Q4 copper output at 491.9kt, down 5% from last year
- BHP Group price target lowered to 3,000 GBp from 3,400 GBp at JPMorgan
- BHP Reports Lapse of 136,576 Unvested Performance Rights
- BHP Group price target lowered to 3,250 GBp from 3,500 GBp at Citi
- BHP Issues 20,436 New Ordinary Shares Following Conversion of Unquoted Securities
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