BHP (BHP.L) 14-04-20
BHP (BHP.L) has been in a strong uptrend. Will it continue to set new recent highs?
- Priced at 1321.8p (at time of writing), momentum has been strong.
- Will it come to an end, or is the trend your friend?
- Could this be an opportunity for momentum traders?
- Technical traders should be mindful of new developments, which can have an affect on trends.
- Shares -35% from 12-month highs; +40% from 12 month lows.
Latest News
07 Apr: Credit Suisse has upgraded its rating on (BHP) to outperform (from neutral) and reduced the target price to 1600p (from 1900p).
06 Apr: Goldman Sachs has upgraded its rating on (BHP) to buy (from neutral) and reduced the target price to 1670p (from 1710p).
06 Apr: RBC Capital Markets reiterates its outperform rating on (BHP) and reduced the target price to 1450p (from 1550p).
25 Mar: Morgan Stanley reiterates its overweight rating on (BHP) and increased the target price to 1680p (from 1620p).
23 Mar: Deutsche Bank has upgraded its rating on (BHP) to buy (from buy).
20 Mar: JP Morgan Cazenove has upgraded its rating on (BHP) up to overweight (from neutral) and reduced the target price to 1830p (from 1900p).
20 Mar: Deutsche Bank has upgraded its rating on (BHP) to buy (from hold) and reduced the target price to 1450p (from 1750p).
Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires