To The Moon

1. $BHP GROUP LTD(BHP.AU)$

Industry: Resources company

Market Cap: AU$199.272B

YTD Change: 0.84%

The Broken Hill Proprietary Company, also known as BHP, is an Australian mining company that was founded in 1885. The company produces copper, iron ore, metallurgical coal, nickel and potash. BHP operates in more than 90 locations around the world including: Australia, the United States and Canada.

BHP shares have taken a step back this past month amid the fallout from snap lockdowns in China Opinion is mixed on the miner's exposure to China, but most agree this could be an issue for the company. In addition As well as battling broad market weakness, the BHP share price came under pressure from a pullback in the iron ore price.

Analysts at Goldman Sachs appear to see the weakness in the BHP share price as a buying opportunity. A note from earlier week reveals that its analysts have resumed coverage on the Big Australian with a buy rating and $49.40 price target.

BHP GROUP LTD's research ratings from WSJ.com shows that 11 institutions rated "Buy", 2 rated "Overhold", 13 rated "Hold", with an average target price at AU$31.36.

2. $COMMONWEALTH BANK OF AUSTRAL(CBA.AU)$

Industry: Banking

Market Cap: AU$154.633B

YTD Change:-8.59%

Common wealth Bank is Australia's leading provider of integrated financial services. For now, the lion’s share of CBA’s profit and valuation comes from its massive residential loan book. Commercial lending, credit cards and so on also form part of the earnings.

Over the last month, CBA shares are down 12.8% amid the Reserve Bank of Australia (RBA) push to reduce the rate of inflation in Australia. 

Citi had rated it as a SELL. Morgan Stanley and Macquarie had similar ratings of underweight and underperform. Morgans thinks that there could be a further decline to come with a price target of $77. That would be a decline of around 15% over the next year.

Common wealth Bank's research ratings from WSJ.com shows that 1 institution rated "Buy", 6 companies rated "Hold", 7 rated "Sell", with an average target price at AU$92.72.

3. $Pilbara Minerals Ltd(PLS.AU)$

Industry:  Mining company

Market Cap: AU$6.668B

YTD Change:-30%

Pilbara Minerals is an Australian lithium and tantalite mining company. It has announced key terms of a proposed joint venture with $Calix(CXL.AU)$ .

Pilbara also announced it estimates Pilgangoora’s spodumene concentrate production increased 54% to between 123,000 and 127,000 dmt in the third quarter. That would see the company reaching the higher end of its previously outlined full-year guidance.

Pilbara Minerals Ltd.‘s research ratings from WSJ.com shows that 5 institutions rated "Buy" and 3 companies rated "Hold", with an average target price at AU$3.31.

4. $QANTAS AIRWAYS LIMITED(QAN.AU)$

Industry: Airlines

Market Cap: AU$8.393B

YTD Change: -11.8%

Qantas Airways Limited is Australia's flagship airline and the largest airline in terms of fleet size, international flights and international destinations. It is the third oldest still operating airline in the world, founded in November 1920; it began international passenger flights in May 1935.

The Qantas share price has seen ups and downs over the past year as sentiment in the domestic and global travel industry changes frequently. In addition, the rising energy costs have also raised the form of energy costs. 

As countries reopen and tourism commerce improves, we will see more positive signs on this company. Qantas Airways‘s research ratings from WSJ.com shows that 10 institutions rated "Buy", 2 companies rated "Hold", 1 rated "Sell", with an average target price at AU$6.29.

5. $FORTESCUE METALS GROUP LTD(FMG.AU)$

Industry: Energy Resources Company

Market Cap: AU$52.342B

YTD Change: -7.22%

Fortescue Metals Group is an Australian iron ore company.

Inrecent weeks FMG stock prices was stumbling because of commodities'momentum appears to have changed recently. That has been reflected in heavy falls in the prices of base metals as well as iron ore. Currently, the price of iron ore is US$130 per tonne. 

Furthermore, a wider fall across the ASX put severe selling pressure on the Fortescue share price. while over the past three months, Fortescue Metals Group Ltd.'s consensus EPS estimate for the current year has increased 53.5%.

Fortescue Metals Group‘s research ratings from WSJ.com shows that 11 institutions rated "HOLD", 2 companies rated "underweight", 4 rated "Sell", with an average target price at AU$12.61.

6.$A2 Milk(A2M.AU)$

Industry: Formula Milk Powder

Market Cap: AU$3.257B

YTD Change: -19.78%

The a2 Milk Company Limited is a dual listed NZX and ASX 50 public listed company that commercial isles intellectual property relating to A1 protein-free milk that is sold under the a2 and a2 Milk brands, as well as the milk and related products such as infant formula.

The A2 Milk share price has been trending lower over the last 12 months, slipping around 30% into the red. Global A2 Milk Market Size 2022 At a CAGR of 8% during the forecast period (2022 to 2027). A2 Milk shares are still on the books of many institutional investors. There are 189 institutions in total that own shares, with 37 new buyers in the last week.

The a2 Milk Company‘s research ratings from WSJ.com shows that 2 institutions rated "Buy", 4 companies rated "Hold", 1 rated "Sell", with an average target price at AU$6.41.

7. $Core Exploration Ltd(CXO.AU)$

Industry: Resources Mining

Market Cap: AU$1.62B

YTD Change: 58.4%

ASX-listed Core Lithium Ltd is well positioned to be Australia’s next lithium producer, developing one of Australia’s most capital-efficient and lowest-cost spodumene lithium projects.

Core Lithium and Tesla enter into binding Term Sheet for the supply of lithium. Federal Government awards Major Project Status for Finniss Lithium Project

According to some industry analysts covering Core Lithium, breakeven is near. They expect the company to post a final loss in 2022, before turning a profit of AU$38m in 2023.

Core Exploration Ltd‘s research ratings from WSJ.com shows that 1 institution rated "Buy", with an average target price at AU$1.

8. $Sayona Mining Ltd(SYA.AU)$

Industry: Resources Mining

Market Cap: AU$ 1.278B

YTD Change: 19.23%

Sayona Mining Limited is an emerging lithium producer with projects in Québec, Canada and Western Australia. The Company has committed to downstream processing in Québec to supply the fast-growing North American battery and EV market.

Lion town Resources MD Tony Ottaviano, whose company approved the $545 million development of its 500,000tpa Kathleen Valley mine in WA’s Goldfields on Tuesday.

With global EV sales in 2022 expected to outstrip the record 6.6 million recorded in 2021, the lockdowns may have held back demand, As lockdowns end we expect a strong rebound in demand, but not enough to ease supply shortages for the metal.

Investors are buying up Sayona shares on the back of plans to restart lithium production at the North American Lithium operation.

9. $WESTPAC BANKING CORPORATION(WBC.AU)$

Industry: Banking

Market Cap: AU$67.893B

YTD Change: -6.7%

Westpac Banking Corp. is Australia’s first bank and oldest company, one of four major banking organisations in Australia and one of the largest banks in New Zealand.

While 2022 has been eventful with strong inflationary movements and interest rate hikes, Westpac shares have again stumbled. Whild Westpac has paid a total of AU$7.60 in dividends per share since 2017.

According to a note out of Jefferies, its analysts have retained their hold rating but cut their price target on the Westpac share price by 16% to $18.15.

Westpac Banking Corp.‘s research ratings from WSJ.com shows that 3 institutions rated "Buy", 3 companies rated "underweight", 10 rated "Hold",1 rated "Sell", with an average target price at AU$24.19.

10. $Lake Resources NL(LKE.AU)$

Industry: Lithium Mining

Market Cap: AU$1.056B

YTD Change: -24.75%

Lake Resources NL is a clean lithium developer utilising clean, direct extraction technology for the development of sustainable, high purity lithium from its flagship Kachi Project, as well as three other lithium brine projects in Argentina.

Lake Resources is among the worst-performing shares on the ASX, share price plummeted 49% in June, due to a major lithium sell-off.

In a latest statement to the ASX, the company said Mr Promnitz, who had led the company since 2016, left with immediate effect but did not include any statement from him over his departure.

The company establishing a North American presence to serve our customers, will continue to work with US-based technology partner and engage capital markets