Analysts Have Conflicting Sentiments on These Materials Companies: BHP Group Ltd (OtherBHPLF) and Syrah Resources (OtherSYAAF)
Companies in the Materials sector have received a lot of coverage today as analysts weigh in on BHP Group Ltd (BHPLF – Research Report) and Syrah Resources (SYAAF – Research Report).
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BHP Group Ltd (BHPLF)
In a report released today, Alain Gabriel from Morgan Stanley maintained a Buy rating on BHP Group Ltd, with a price target of A$56.00. The company’s shares closed last Tuesday at $35.00.
According to TipRanks.com, Gabriel is ranked #535 out of 12128 analysts.
The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a $36.33 average price target, implying a 3.8% upside from current levels. In a report issued on March 2, TipRanks – OpenAI also upgraded the stock to Buy with a A$65.00 price target.
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Syrah Resources (SYAAF)
Jarden analyst Ben Lyons downgraded Syrah Resources to Hold on March 13 and set a price target of A$0.30. The company’s shares closed last Tuesday at $0.13, close to its 52-week low of $0.10.
According to TipRanks.com, Lyons is a 4-star analyst with an average return of
Currently, the analyst consensus on Syrah Resources is a Moderate Buy with an average price target of $0.28.
