5 Best Precious Metal Stocks to Buy According to Wall Street Analysts

In this article, we will list the 5 Best Precious Metal Stocks to Buy According to Wall Street Analysts. Please visit 15 Best Precious Metal Stocks to Buy According to Wall Street Analysts if you would like to see the extended list and the methodology behind it.

5. BHP Group Limited (NYSE:BHP)

On April 28, 2026, Argus raised its price target on BHP Group Limited (NYSE:BHP) to $95 from $90 and maintained a Buy rating. The firm said BHP’s performance remains closely tied to iron ore, copper, and coal prices, which have started to firm as global inflation rises. Argus added that the outlook is improving as China’s economy stabilizes and demand tied to clean energy investment continues to grow.

On April 23, 2026, JPMorgan analyst Dominic O’Kane raised his price target on BHP Group Limited (NYSE:BHP) to 2,600 GBp from 2,500 GBp while maintaining a Neutral rating.

On April 21, 2026, BHP reported third-quarter iron ore output of 62.8 million tonnes, up 2% year over year, while energy coal output rose 12% to 4.0 million tonnes. The company maintained full-year fiscal 2026 iron ore guidance of 258 million to 269 million tonnes and said energy coal production is now expected to land in the upper half of its prior 14 million to 16 million tonne range.

CEO Mike Henry said the company delivered a strong operating performance over the past nine months, highlighted by record material mined and concentrator throughput at Escondida Mine and record production at its Western Australia Iron Ore operations. He added that strong output from Escondida Mine and Antamina Mine supports expectations that copper production will land in the upper half of guidance. Henry also said BHP’s low-cost operations and centralized procurement model have helped offset rising energy and consumable costs tied to the Middle East conflict.

BHP Group Limited (NYSE:BHP) is a global mining company with operations spanning copper, iron ore, coal, uranium, gold, zinc, lead, molybdenum, silver, and cobalt.