Analysts Have Conflicting Sentiments on These Materials Companies: Northern Star Resources Ltd (OtherNESRF) and BHP Group Ltd (OtherBHPLF)

Analysts have been eager to weigh in on the Materials sector with new ratings on Northern Star Resources Ltd (NESRF – Research Report) and BHP Group Ltd (BHPLF – Research Report).

Northern Star Resources Ltd (NESRF)

In a report released today, Levi Spry from UBS maintained a Sell rating on Northern Star Resources Ltd, with a price target of A$12.70. The company’s shares closed last Wednesday at $9.08, close to its 52-week high of $9.78.

According to TipRanks.com, Spry is a 4-star analyst with an average return of 12.0% and a 62.2% success rate. Spry covers the Basic Materials sector, focusing on stocks such as Sandfire Resources Limited, Lynas Rare Earths Limited, and Evolution Mining Limited.

Currently, the analyst consensus on Northern Star Resources Ltd is a Moderate Buy with an average price target of $8.93.

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BHP Group Ltd (BHPLF)

In a report released today, Rahul Anand from Morgan Stanley maintained a Hold rating on BHP Group Ltd, with a price target of A$41.75. The company’s shares closed last Wednesday at $29.71.

According to TipRanks.com, Anand is a 5-star analyst with an average return of 11.4% and a 55.4% success rate. Anand covers the Basic Materials sector, focusing on stocks such as Northern Star Resources Ltd, Fortescue Metals Group Ltd, and Sandfire Resources Limited.

BHP Group Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $30.04, representing a 1.1% upside. In a report issued on April 20, HSBC also maintained a Hold rating on the stock with a A$24.50 price target.

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