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BHP Group Ltd (BHPLF) Receives a Buy from Macquarie

BHP Group Ltd (BHPLF) Receives a Buy from Macquarie

In a report released today, Robert Stein from Macquarie maintained a Buy rating on BHP Group Ltd, with a price target of A$40.00. The company's shares closed yesterday at $23.10.
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According to TipRanks, Stein is an analyst with an average return of -0.3% and a 50.00% success rate. Stein covers the Basic Materials sector, focusing on stocks such as Champion Iron, Mineral Resources Limited, and BHP Group Ltd.
In addition to Macquarie, BHP Group Ltd also received a Buy from J.P. Morgan's Lyndon Fagan in a report issued on July 2. However, on July 8, UBS maintained a Hold rating on BHP Group Ltd (Other OTC: BHPLF).
The company has a one-year high of $32.00 and a one-year low of $19.04. Currently, BHP Group Ltd has an average volume of 400.6K.
Based on the recent corporate insider activity of 21 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.
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