
S&P/ASX 200 Index (ASX: XJO) shares are down 0.7% to 8,561.4 points on Tuesday.
Among the 11 market sectors, consumer staples is in the lead today, up 1%, while materials is the laggard, down 3%.
Meanwhile, let’s check out three ASX 200 shares with new ratings from the experts.
Ampol Ltd (ASX: ALD)
The Ampol share price is up 1.2% to $36.47 today, and up 15% over six months.
Last week, Ampol got the green light, with some conditions, from the Australian Competition and Consumer Commission (ACCC) for a major acquisition.
Ampol is seeking to acquire EG Australia for $1.1 billion.
EG Australia owns about 500 petrol stations nationwide, and the deal will increase Ampol’s network to more than 1,000 sites.
Following the news, JP Morgan reiterated its buy rating on Ampol shares.
The broker has a 12-month share price target of $39 on the ASX 200 energy share.
This implies a potential 7% capital gain over the next year.
Lendlease Group (ASX: LLC)
The Lendlease share price is $2.44, down 0.8% today and down 53% over six months.
Last week, the property developer announced the $250 million sale of its development rights to a mixed-use development in Italy.
However, management expects the deal to result in a $175 million postâtax loss.
Lendlease is in the midst of a capital recycling program to release value tied up in long-dated and complex projects.
In a new note, Ord Minnett maintained a hold rating on the ASX 200 real estate share.
The broker said:
It appears to Ord Minnett that Lendlease did not stay abreast of conditions in the Italian market, which meant the value of the MSG North asset had not been written down to a more realistic valuation.
The divestment continues the company’s retreat from offshore markets to focus on Australia, but the MSG North sale has led us to adopt a more conservative view of the prices the capital release unit (CRU) â the arm established to divest its offshore assets â can realise for the other assets on the block.
The broker cut its target price on Lendlease shares from $3.05 to $2.85 from $3.05.
This suggests just over 15% upside over the next year.
BHP Group Ltd (ASX: BHP)
The BHP share price is $59.51, down 2.8% today and up 35% over six months.
BHP shares rose to a record high of $65.04 last Wednesday.
The ASX 200’s largest mining share has since tumbled on news of a major production lift at the giant Simandou iron ore mine in Africa.
Weaker demand and rising supply are already sending the iron ore price lower.
The iron ore price is US$101.05 per tonne on Tuesday, down 9.3% over the month.
On The Bull this week, Tony Locantro from Alto Capital says it might be time to take profits on BHP shares.
He explains his sell rating:
The company delivered a strong first half result in fiscal year 2026, reporting underlying EBITDA of $US15.5 billion, up 25 per cent on the prior corresponding period.
A major milestone was copper contributing 51 per cent of group EBITDA for the first time.
While the long term outlook for copper remains attractive, investor enthusiasm surrounding electrification and AI-related demand has contributed to a strong share price performance.
In our view, the strong operational result, elevated expectations and risk-reward balance support taking some profits.
The post Buy, hold, sell: Ampol, Lendlease, BHP shares appeared first on The Motley Fool Australia.
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JPMorgan Chase is an advertising partner of Motley Fool Money. Motley Fool contributor Bronwyn Allen has positions in BHP Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended JPMorgan Chase. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.