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New Buy Rating for BHP Group Ltd (BHPLF), the Basic Materials Giant

Tipranks - Thu Feb 5, 8:02PM CST

Morgan Stanley analyst Rahul Anand maintained a Buy rating on BHP Group Ltd today and set a price target of A$55.50.

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According to TipRanks, Anand is a 5-star analyst with an average return of 13.3% and a 57.93% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, South32, and BHP Group Ltd.

In addition to Morgan Stanley, BHP Group Ltd also received a Buy from TipRanks – Google’s Google Industrial Materials in a report issued yesterday. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on BHP Group Ltd (Other OTC: BHPLF).

BHPLF market cap is currently A$250.9B and has a P/E ratio of 18.00.

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