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Analysts’ Opinions Are Mixed on These Materials Stocks: BHP Group Ltd (OtherBHPLF) and IAMGOLD (IAG)

Tipranks - Wed Aug 12, 1:44PM CDT

Analysts have been eager to weigh in on the Materials sector with new ratings on BHP Group Ltd (BHPLF) and IAMGOLD (IAG).

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BHP Group Ltd (BHPLF)

Bernstein analyst Bob Brackett maintained a Hold rating on BHP Group Ltd today and set a price target of p2300.00. The company’s shares closed last Tuesday at $45.00.

According to TipRanks.com, Brackett is a 5-star analyst with an average return of 17.5% and a 63.0% success rate. Brackett covers the NA sector, focusing on stocks such as Expand Energy, Exxon Mobil, and Chevron. ;'>

Currently, the analyst consensus on BHP Group Ltd is a Hold with an average price target of $41.42, implying a -8.0% downside from current levels. In a report issued on July 27, TipRanks – DeepSeek also downgraded the stock to Hold with a A$64.00 price target.

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IAMGOLD (IAG)

In a report issued on August 7, Steven Green from TD Cowen maintained a Buy rating on IAMGOLD, with a price target of C$35.00. The company’s shares closed last Tuesday at $18.05.

Green has an average return of 35.8% when recommending IAMGOLD. ;'>

According to TipRanks.com, Green is ranked #1578 out of 12467 analysts.

IAMGOLD has an analyst consensus of Strong Buy, with a price target consensus of $25.34, which is a 38.1% upside from current levels. In a report issued on July 23, TipRanks – OpenAI also upgraded the stock to Buy with a C$24.00 price target.

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