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Do we like BHP here?

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Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked 11/09/2021

Do we like BHP here?

Hi team,

Thoughts on BHP – is it a buy here?

Thanks Alan

Answer

Hi Alan,

MM likes BHP at current levels very much in line with our reflation outlook into 2022, and beyond. The markets taking its time to digest the recently announced move by the miner to consolidate its UK & Australian listings into one plus the divestment of its oil assets into a separate vehicle with Woodside (WPL), we think it will eventually prove to be a positive for both the business and stock.

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BHP Group (BHP)

LAST UPDATED 10/09/2021 17:30

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