Barclays lowered the firm’s price target on BHP Group (BHP) to 2,750 GBp from 2,770 GBp and keeps an Equal Weight rating on the shares. The firm...
Barclays lowered the firm’s price target on BHP Group (BHP) to 2,750 GBp from 2,770 GBp and keeps an Equal Weight rating on the shares. The firm says Jansen S2 capex 42% overrun and $2.3B write-down “further erodes project returns.”
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Barclays' revised price forecast implies that shares could rally 24% from here.
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Barclays CEO said he looked forward to "sharing updated targets to 2028" alongside the bank's full-year earnings.
BHP takes US$2.3-billion charge on Saskatchewan potash mine as costs jump again
