---
title: "BHP Group Ltd (BHPLF): New Buy Recommendation for This Basic Materials Giant"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290494445.md"
description: "Morgan 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."
datetime: "2026-06-23T01:08:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290494445.md)
  - [en](https://longbridge.com/en/news/290494445.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290494445.md)
---

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

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- [BHP Group Limited Sponsored ADR $BHP Shares Acquired by NewEdge Wealth LLC](https://longbridge.com/en/news/293732498.md)
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- [Vale S.A. $VALE Shares Sold by Turim 21 Investimentos Ltda.](https://longbridge.com/en/news/293912710.md)
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