BHP-Anglo prospects flag more M&A ahead for miners

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RBC Capital Negative on BHP Billiton (BHP) Offer for Anglo American

May 22, 2024 11:47 AM EDT

RBC Capital analyst Kaan Peker reiterated a Sector Perform rating on BHP Billiton (NYSE: BHP).

The analyst comments "Our View: The £29.34/sh revised Final Ratio Offer for AAL has increased by ~US$6.8b (to US$49b) on the original offer using AAL/ BHP undisturbed price (US$3b on the second offer on 7 May). When accounting for Synergies and the... More

BHP Billiton (BHP) PT Raised to $68 at Argus

May 22, 2024 8:46 AM EDT

Argus analyst David Coleman raised the price target on BHP Billiton (NYSE: BHP) to $68.00 while maintaining a Buy rating.

The analyst comments "Our rating on BHP Group Ltd. (NYSE: BHP), a leading international mining company, is BUY.... More