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$57.00.
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According to TipRanks, Peker is a 5-star analyst with an average return of 19.1% and a 56.44% success rate. Peker covers the Basic Materials sector, focusing on stocks such as IGO, Rio Tinto Limited, and Sandfire Resources Limited.
In addition to RBC Capital, BHP Group Ltd also received a Hold from Macquarie’s Robert Stein in a report issued today. However, on March 6, TipRanks – Google reiterated a Buy rating on BHP Group Ltd (Other OTC: BHPLF).
Based on BHP Group Ltd’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$28.41 billion and a net profit of A$5.74 billion. In comparison, last year the company earned a revenue of A$25.18 billion and had a net profit of A$4.42 billion
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- BHP Group price target lowered to 2,500 GBp from 2,650 GBp at JPMorgan
- BHP Group price target lowered to $48 from $49.50 at Bernstein
- BHP Updates Dividend Details With Multi‑Currency Conversion Rates
- BHP Group price target raised to 2,600 GBp from 2,300 GBp at Berenberg
- BHP Group price target raised to $90 from $68 at Argus
