12:15 AM EDT, 07/21/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We adjust our 12-month target price to USD52 (from USD51), valuing BHP at 2.43x FY 26 (Jun.) P/BV, a 16% discount to its five-year mean (2.90x), reflecting commodity price headwinds partially offset by copper growth potential. BHP delivered strong FY 25 operational performance with record copper production rising 8% Y/Y to 2,017 kt in FY 25, driven by Escondida's 16% increase, while iron ore output grew 1% to 263 Mt. However, we expect revenue to decline 9% in FY 25 and 2% in FY 26 due to iron ore price pressure around USD100/ton (in our estimate) amid China's real estate downturn and oversupply concerns. We remain optimistic on copper fundamentals given energy transition demand but cautious on iron ore (50% of FY 24 revenue) due to high Chinese inventories. We adjust our EPS forecast for FY 25 at USD3.63 (from USD3.65) and slightly adjust our FY 26 EPS estimate to USD4.15 (from USD4.20), supported by copper strength and operational improvements despite margin pressures from weaker commodity pricing.