Business · Markets · 1 hr ago
Brokers rate CSL, BHP and Westpac shares amid mixed market pressures
The S&P/ASX 200 was lower on Tuesday morning as oil prices rose and gold fell.
CSL shares rose about 0.5%, while BHP shares fell about 1.5% and Westpac shares edged up about 0.5%.
Brokers mostly rated CSL a buy, though their average price target was below its trading price; most rated BHP a hold, and most rated Westpac a sell.
CSL has rebounded from a 10-year low in June, and it recently agreed to a US$1.6 billion deal for a potential treatment for rare kidney and liver conditions.
BHP’s Escondida copper mine in Chile remains suspended after a fatal accident, and it cannot restart until safety inspectors confirm conditions are safe.
Westpac shares have fallen about 11% this year amid pressure from higher interest rates and a slowdown in Australia’s property market.
Westpac is also reported to be planning job cuts, while the Financial Services Union says a proposed restructuring would affect 174 roles, with 102 made redundant and 72 moved to comparable jobs.
The S&P/ASX 200 fell into negative territory on Tuesday morning as oil prices rose and gold fell.
Brokers mostly rate CSL shares a buy, BHP shares a hold and Westpac shares a sell, according to Market Index data cited by Motley Fool AU.
CSL shares were up around 0.5% to $185.21, while BHP shares fell around 1.5% to $61.57.
Westpac shares rose around 0.5% to $34.71, despite being down around 11% year to date.
The companies faced different pressures, including a deal for CSL, operational disruption at BHP’s Escondida mine and job restructuring reports at Westpac.
- Who
- CSL, BHP and Westpac, and the brokers assessing their shares.
- What
- Brokers mostly rate CSL a buy, BHP a hold and Westpac a sell.
- When
- Tuesday morning; the article was published on 13 October 2026.
- Where
- Australia’s share market; BHP’s Escondida mine is in Chile.
- Why
- The ratings reflect company-specific developments and market pressures, including higher oil prices, mining disruption and pressure on Westpac.
This story does not have two clearly opposing sides.
BHP suspended mining activities at its Escondida copper mine in Chile after a fatal accident.
CSL said it had entered an exclusive US$1.6 billion deal with Alentis Therapeutics for lixudebart.
The S&P/ASX 200 fell into negative territory as oil prices climbed and gold fell.
- CSL share price
- $185.21, up around 0.5% at the time of writing
- BHP share price
- $61.57, down around 1.5% at the time of writing
- Westpac share price
- $34.71, up around 0.5% at the time of writing
- CSL broker rating
- Majority buy
- BHP broker rating
- Majority hold
- Westpac proposed redundancies
- 102 jobs
Sources
Related news
Identifai Genetics lists on the ASX after raising $10 million
Brokers see potential gains for NexGen Energy and Viva Energy shares
Delorean signs non-binding $20m financing agreement with Westpac
Evolution Mining compared with Northern Star Resources for investors
Stelar begins 3,500-metre tungsten drilling in Northern Territory
Shell says Australia’s gas reserve plan risks market failure
Astral finds high-grade gold beneath Theia and extends mineralisation south
Xero shares fall as investors weigh economic pressures and acquisition risks
Three Vanguard ETFs offer beginners ways to diversify investments
A bumper canola crop follows a tough start
Australia Regulator Temporarily Bars Fidante From Offering Credit Fund Units
