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

Deutsche Bank analyst Liam Fitzpatrick maintained a Hold rating on BHP Group Ltd yesterday and set a price target of £19.50. The company’s shares closed yesterday at $26.73.

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According to TipRanks, Fitzpatrick is a 4-star analyst with an average return of 9.8% and a 58.61% success rate. Fitzpatrick covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and BHP Group Ltd.

In addition to Deutsche Bank , BHP Group Ltd also received a Hold from Barclays’s Amos Fletcher in a report issued today. However, on October 8, Berenberg Bank maintained a Sell rating on BHP Group Ltd (Other OTC: BHPLF).

Based on BHP Group Ltd’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $25.18 billion and a net profit of $4.42 billion. In comparison, last year the company earned a revenue of $27.46 billion and had a net profit of $927 million

Based on the recent corporate insider activity of 29 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BHPLF in relation to earlier this year.