BHP Group Ltd (BHPLF): New Buy Recommendation for This Basic Materials Giant
Complete. Here is the key summaryMorgan Stanley analyst Rahul Anand maintained a Buy rating on BHP Group Ltd with a price target of A$67.50, citing his strong track record in the Basic Materials sector. This contrasts with the general market consensus, which suggests a Hold rating and an average price target of A$58.44 for the mining giant.
In a report released today, Rahul Anand from Morgan Stanley maintained a Buy rating on BHP Group Ltd, with a price target of A$67.50.
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According to TipRanks, Anand is a 5-star analyst with an average return of 15.0% and a 57.14% success rate. Anand covers the Basic Materials sector, focusing on stocks such as PLS Group, South32, and BHP Group Ltd.
The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group Ltd with a A$58.44 average price target.