Companies in the Materials sector have received a lot of coverage today as analysts weigh in on Anglo American (AAUKF – Research Report) and BHP Group Ltd (BHPLF – Research Report).
Anglo American (AAUKF)
Berenberg Bank analyst Richard Hatch reiterated a Hold rating on Anglo American yesterday and set a price target of p3300.00. The company’s shares closed last Tuesday at $29.73, close to its 52-week low of $28.12.
According to TipRanks.com, Hatch is a 4-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Anglo American with a $41.72 average price target, which is a 38.9% upside from current levels. In a report issued on April 17, RBC Capital also maintained a Hold rating on the stock with a p2500.00 price target.
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BHP Group Ltd (BHPLF)
Goldman Sachs analyst Paul Young upgraded BHP Group Ltd to Buy today. The company’s shares closed last Tuesday at $28.53.
According to TipRanks.com, Young is a 5-star analyst with an average return of
Currently, the analyst consensus on BHP Group Ltd is a Moderate Buy with an average price target of $30.03, representing a 4.1% upside. In a report issued on April 24, CLSA also maintained a Buy rating on the stock with a A$46.00 price target.
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Read More on AAUKF:
- Anglo American price target raised to 3,550 GBp from 3,500 GBp at JPMorgan
- Anglo American price target raised to 3,050 GBp from 2,950 GBp at Credit Suisse
- Anglo American upgraded to Overweight from Equal Weight at Barclays
- Anglo American price target lowered to 3,300 GBp from 3,600 GBp at Berenberg
- Anglo American upgraded to Equal Weight from Underweight at Morgan Stanley
