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Argus analyst John Eade lowered the firmâs price target on BHP Group (BHP) to $56 from $68 and keeps a Buy rating on the shares. The shares are down more than 20% off their 52-week high, with the companyâs results linked to trends in iron ore, copper, and coal, as well as other commodities, the analyst tells investors in a research note. Argus says that while prices in several of these commodities are lower year-over-year, it expects them to rise in coming quarters as global economic g...
>>> Read more: BHP Group price target lowered to $56 from $68 at Argus
>>> Read more: BHP Group price target lowered to $56 from $68 at Argus