** Analysts at Jefferies say mining giant BHP's BHP.AX strategic focus on copper points towards another bid for Anglo American AAL.L or another copper miner
** "As recently reported by Reuters, BHP considered spinning off its Australian iron ore and coal businesses over the last two years as part of a strategic shift to focus on what it considers to be future-facing commodities" - Jefferies
** Brokerage says a challenge in doing a restructuring now is a lack of cash flow, given BHP's planned capex for its copper business
** Adds that another play for Anglo American, after last year's failed bid by the global miner, could be a "compelling strategy"
** 10 of 18 analysts rate BHP stock "buy" or higher, seven "hold" and one "strong sell"; their median PT is A$45.00– LSEG data
** Stock closed at A$35.38 on Tuesday, down 10.5% YTD
(Reporting by Aaditya Govind Rao in Bengaluru)
((Aaditya.govindrao@thomsonreuters.com;))
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。