---
title: "BHP Group Ltd (BHPLF): New Buy Recommendation for This Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291081537.md"
description: "Morgan Stanley analyst Rahul Anand maintained a Buy rating on BHP Group Ltd (BHPLF) with a price target of A$67.50. This contrasts with the general market consensus, which suggests a Hold rating and an average price target of A$58.65 for the basic materials giant."
datetime: "2026-06-29T01:35:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291081537.md)
  - [en](https://longbridge.com/en/news/291081537.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291081537.md)
generator: "portal-rs"
---

# BHP Group Ltd (BHPLF): New Buy Recommendation for This Basic Materials Giant

Morgan Stanley analyst Rahul Anand maintained a Buy rating on BHP Group Ltd today and set a price target of A$67.50.

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Anand covers the Basic Materials sector, focusing on stocks such as PLS Group, BHP Group Ltd, and South32. According to TipRanks, Anand has an average return of 13.4% and a 56.17% success rate on recommended stocks. 

The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a A$58.65 average price target.

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## Related News & Research

- [RBC Capital Reaffirms Their Hold Rating on BHP Group Ltd (BHPLF)](https://longbridge.com/en/news/297848774.md)
- [Erste Group Bank Estimates BHP Group FY2028 Earnings](https://longbridge.com/en/news/297468390.md)
- [BHP Reaffirms Commitment to Western Australia Iron Ore Amid Partnership Talk](https://longbridge.com/en/news/298018817.md)
- [BHP's top Chinese iron ore deals negotiator Udd to step down, internal memo shows](https://longbridge.com/en/news/297752139.md)
- [Magma Silver updates Niñobamba silver-gold project in Peru, seeks community access deals for drilling](https://longbridge.com/en/news/297778219.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**