BHP Group Ltd (BHPLF) Gets a Hold from Berenberg Bank

In a report released today, Richard Hatch from Berenberg Bank reiterated a Hold rating on BHP Group Ltd (BHPLF – Research Report), with a price target of p2,100.00. The company’s shares closed yesterday at $30.47.

According to TipRanks, Hatch is a 4-star analyst with an average return of 5.4% and a 53.86% success rate. Hatch covers the Basic Materials sector, focusing on stocks such as Anglo American, BHP Group Ltd, and FRESNILLO.

In addition to Berenberg Bank, BHP Group Ltd also received a Hold from J.P. Morgan’s Lyndon Fagan in a report issued on April 22. However, on April 19, Morgans maintained a Buy rating on BHP Group Ltd (Other OTC: BHPLF).

The company has a one-year high of $34.73 and a one-year low of $25.73. Currently, BHP Group Ltd has an average volume of 339.3K.

Based on the recent corporate insider activity of 15 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of BHPLF in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

BHP Group Ltd (BHPLF) Company Description:

BHP Group Ltd. engages in the exploration, development, production, and processing of iron ore, metallurgical coal, and copper. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment explores, develops, and produces oil and gas. The Copper segment refers to the mining of copper, silver, lead, zinc, molybdenum, uranium, and gold. The Iron Ore segment consist of iron ore. The Coal segment focuses on metallurgical coal and energy coal. The company was founded on August 13, 1885 and is headquartered in Melbourne, Australia.