$BHP.AX

BHP Group

No enriched coverage for $BHP.AX in the last 7 days.

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BHP Shares Drop Below A$60, Momemtum Test Looms Large

BHP Group (ASX: BHP) shares fell 4.7% to A$58.00, nearing the 200-day SMA at A$57.30. The drop follows weaker copper prices due to US inflation data and iron ore market headwinds. Analysts' average price target is A$60.13. The company's Jansen Potash project faced a $2.3B write-down. BHP's dividend yield is ~4.17%.

Champion Iron Gets a New Bull, As Fortescue Trimmed: Iron Ore Forecast Shifts

UBS raised its long-term iron ore price forecast to US$93/tonne, above consensus. Champion Iron (ASX: CIA) received a Buy rating with a A$4.15 target, up 35% from current levels. Fortescue (ASX: FMG), Mineral Resources (ASX: MIN), and Vale (NYSE: VALE) saw price targets cut due to lower-grade products and cost factors. BHP (ASX: BHP) and Rio Tinto (ASX: RIO) targets were slightly increased.

ASX 200 rallies from June lows. Is the worst over?

The S&P/ASX 200 Index rose 0.46% to 8,705 points on Monday, led by gains in major banks and healthcare stocks. Commonwealth Bank, NAB, Westpac, and ANZ all saw increases. Northern Star Resources surged 7.69% after rejecting a takeover bid, while other miners like BHP and Rio Tinto fell. The index is still down 3.7% over the past month. The RBA's interest rate decision and inflation data are upcoming key events.

BHP.AX sentiment & insider activity

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News on $BHP.AX

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Champion Iron Gets a New Bull, As Fortescue Trimmed: Iron Ore Forecast Shifts

UBS raised its long-term iron ore price forecast to US$93/tonne, above consensus. Champion Iron (ASX: CIA) received a Buy rating with a A$4.15 target, up 35% from current levels. Fortescue (ASX: FMG), Mineral Resources (ASX: MIN), and Vale (NYSE: VALE) saw price targets cut due to lower-grade products and cost factors. BHP (ASX: BHP) and Rio Tinto (ASX: RIO) targets were slightly increased.

$CBA.AXLow

ASX 200 rallies from June lows. Is the worst over?

The S&P/ASX 200 Index rose 0.46% to 8,705 points on Monday, led by gains in major banks and healthcare stocks. Commonwealth Bank, NAB, Westpac, and ANZ all saw increases. Northern Star Resources surged 7.69% after rejecting a takeover bid, while other miners like BHP and Rio Tinto fell. The index is still down 3.7% over the past month. The RBA's interest rate decision and inflation data are upcoming key events.

$BHP.AXLow

If I invest $15,000 in BHP shares, how much passive income will I receive in 2027?

BHP Group Ltd (ASX: BHP) is a popular ASX dividend share with diversified commodity production. In FY26, BHP increased its dividend by 56% to US$1.72 per share, with revenue growth of 15% to US$58.8 billion. Projections suggest a FY27 dividend of US$2.07 per share, yielding 3.4% (4.9% with franking credits). Analysts are mostly neutral, with an average price target of $59.23, implying a slight downside.

BHP Shares Gain On The Week, As Resistance Holds

BHP Group (ASX: BHP) shares fell 1.77% to $63.44, despite a 1.91% weekly gain. The company reported strong FY26 results, including $58.8B revenue and $9.8B profit. Copper is a key growth driver, with production expected to rise 40% by FY35. Analysts' average price target is A$58.60, with a mix of hold and bullish ratings.

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