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BHP Buy Ratings Hit Record Low Ahead of Earnings

Bloomberg Markets •
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Analysts are less bullish on BHP Group Ltd. ahead of Tuesday’s full‑year results, with buy recommendations for its Sydney‑listed stock falling to a record low. Just 4 of the 30 brokers tracked by Bloomberg have buy ratings on shares of воздуха’s biggest miner. Firms including CLSA, Citigroup Inc. and Morgans Financial Ltd. have scrapped their bullish stances over the past year.

The drop reflects a broader shift in sentiment toward BHP’s prospects, with analysts citing weaker commodity prices and concerns over upside potential. Investors will watch the upcoming earnings to gauge whether the miner’s fundamentals justify a more positive outlook, while market participants weigh the decline in bullish confidence among a substantial portion of the brokerage community.