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HOLD. BHP's principal business lines are mineral exploration and production, as well as petroleum exploration, production and refining.
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Please untick this box when using a public or shared device Morgans Financial is the most bearish of all the analysts covering the stock: with a ‘reduce’ rating and a price target of just $6.77.By comparison to the average, mostly bearish analyst view; J.P. Morgan is the most bullish, in terms of price targets, with a NEUTRAL rating and 12-month price target of $11.00 per share.Ultimately, the cyclical nature of the iron ore market likely explains why analysts are mixed on FMG’s prospects. Email is required.
Consequently any person acting on it does so entirely at their own risk. You can view our cookie policy and edit your settings We examine some commentary around the FY20 dividend outlook for both miners – as well as the expected share price returns for FMG and BHP over the next 12-months, according to Bloomberg Data.Equities – in Australia and across the globe – continue to power forward.The ASX 200 itself just passed the 7000 mark, and as we this morning reported: RBC analysts, looking at those results, noted that realised iron ore prices were slightly better than expected. View our Please enter your email address below to request a new passwordDISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Email must be a valid email. Mobile phone number is required. For more information about fees and costs, please see the
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