BHP stock: Ord Minnett upgrades BHP Group stock to Buy at AUD 63.00

Published on 10/22/2026 at 17:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ord Minnett set a Buy rating and AUD 63.00 target on October 20, 2026. BHP stock costs EUR 69.25 on October 22, 2026 at 5:07 p.m. CEST.

Analyst target and dates

Ord Minnett upgraded BHP Group to Buy and set an AUD 63.00 target on October 20, 2026.
BHP's next operational review is scheduled for January 27, 2027.
BHP's half-year results are scheduled for February 16, 2027.
BHP stock costs EUR 69.25 at Lang & Schwarz on October 22, 2026 at 5:07 p.m. CEST.

BHP, US0886061086, Illustration mit AI erstellt.

BHP Group stock received a fresh analyst signal when Ord Minnett upgraded the company to Buy and set an AUD 63.00 price target on October 20, 2026, as Markets Insider reported. BHP stock was trading at EUR 69.25 at Lang & Schwarz on October 22, 2026 at 5:07 p.m. CEST.

Revenue rose in the June quarter

BHP reported quarterly revenue of AUD 30.86 billion for the quarter ended June 30, 2026, compared with AUD 26.09 billion a year earlier. That represents growth of 18.28 percent. Quarterly net profit was AUD 4.09 billion, down 11.09 percent from AUD 4.60 billion in the prior-year period, according to Markets Insider.

How far is the target?

Using BHP's AUD 58.54 close on October 20, 2026, the AUD 63.00 target stands 7.62 percent above the price. The comparison comes from the October 20 operational-market reference, while the target was set by Ord Minnett on the same date.

Valuation and upcoming dates

BHP's latest USD quote was USD 77.86 on October 22, 2026 at 11:18 a.m. ET. The company had a market capitalization of USD 197.9 billion, a trailing price-to-earnings ratio of 20.76 and a dividend yield of 4.00 percent at that snapshot. Its 52-week range was USD 52.18 to USD 98.71.

BHP's financial calendar lists the next operational review for January 27, 2027, covering the quarter ended December 31, 2026. Half-year results are scheduled for February 16, 2027, covering the six months ended December 31, 2026, according to BHP.

Valuation against major miners

On the same October 22, 2026 market snapshot, BHP carried a price-to-earnings ratio of 20.76 and a USD 197.9 billion market capitalization. Rio Tinto (NYSE, USD) traded at USD 84.36, with a price-to-earnings ratio of 11.37 and a USD 137.2 billion market capitalization. Fortescue (ASX, AUD) traded at AUD 14.57, with a price-to-earnings ratio of 10.99 and a AUD 44.9 billion market capitalization.

Stock level and investor calendar

The analyst target gives BHP a measurable valuation reference, while the June-quarter figures show higher revenue alongside lower net profit. The next two company dates are January 27, 2027 and February 16, 2027.

BHP Group stock was trading at EUR 69.25 at Lang & Schwarz on October 22, 2026 at 5:07 p.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of BHP stock.