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BHP Group Ltd (BHPLF) Receives a Hold from J.P. Morgan

Tipranks - Tipranks - Fri Jul 24, 12:22AM CDT

In a report released on July 21, Dominic OKane from J.P. Morgan maintained a Hold rating on BHP Group Ltd, with a price target of p2,900.00. The company’s shares closed yesterday at A$58.29.

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According to TipRanks, OKane is a 4-star analyst with an average return of 3.6% and a 55.29% success rate. OKane covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Anglo American, and Glencore.

In addition to J.P. Morgan, BHP Group Ltd also received a Hold from Citi’s Kate McCutcheon in a report issued yesterday. However, on July 17, Morgan Stanley maintained a Buy rating on BHP Group Ltd (Other OTC: BHPLF).

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BHPLF market cap is currently A$296.2B and has a P/E ratio of 20.49.

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