Analysts Offer Insights on Materials Companies: Newmont Mining (NEM) and BHP Group Ltd (OtherBHPLF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Newmont Mining (NEM) and BHP Group Ltd (BHPLF).
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Newmont Mining (NEM)
In a report released yesterday, Bob Brackett from Bernstein maintained a Buy rating on Newmont Mining, with a price target of $147.00. The company’s shares closed last Wednesday at $95.21.
According to TipRanks.com, Brackett is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Newmont Mining with a $141.70 average price target, implying a 48.5% upside from current levels. In a report issued on July 14, TD Cowen also upgraded the stock to Buy with a $127.00 price target.
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BHP Group Ltd (BHPLF)
In a report released today, Jason Fairclough from Bank of America Securities reiterated a Hold rating on BHP Group Ltd, with a price target of A$65.00. The company’s shares closed last Wednesday at $41.64.
Fairclough has an average return of
According to TipRanks.com, Fairclough is ranked #848 out of 12383 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a $40.93 average price target, a -4.8% downside from current levels. In a report issued on July 1, TipRanks – DeepSeek also downgraded the stock to Hold with a A$65.00 price target.
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