BHP Group Ltd (ASX: BHP) and Coles Group Ltd (ASX: COL) shares are among the most popular investments on the local market.
But are they buys, holds, or sells right now? Let's see what analysts are saying about them this week, courtesy of The Bull.
Here's what they are recommending:
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BHP shares
The team at Red Leaf Securities has named mining giant BHP as a hold this week.
Although it is positive on its long-term outlook, it believes that BHP shares are fair valued at current levels and are likely to remain in a holding pattern until clearer commodity drivers emerge.
Commenting on the Big Australian, Red Leaf said:
BHP is one of the world's largest diversified miners, with high quality assets in iron ore, copper and energy minerals. The company generates strong cash flows and dividends, benefiting from its scale and operational efficiency.
However, BHP's performance is closely tied to volatile commodity cycles, particularly iron ore prices and global demand, which can cap near term valuation expansion. While long-term fundamentals in key metals remain robust, with electrification and decarbonisation trends supporting copper demand, the stock is fairly priced and may trade sideways until clearer commodity drivers emerge.
Coles shares
The team at Catapult Wealth is feeling positive on supermarket giant Coles and has named its shares as a buy this week.
It was pleased with the company's performance in the first half of FY 2026. And while its liquor business is underperforming, it isn't a major part of Coles' earnings, so the overall impact is somewhat limited.
In light of this and its defensive qualities, Catapult Wealth thinks that now could be a good time to buy Coles shares. It explains:
The supermarket giant posted a solid first half result in fiscal year 2026, maintaining margins and delivering earnings before interest and tax growth of 10.2 per cent. The liquor business struggled, but it only makes up a small percentage of group revenue, so its overall impact is limited. Coles has continued to grow its share of own-brand sales, leverage its quality locations into home delivery and online sales growth and expand locations to capture population growth.
The Middle East conflict and its inflationary impacts may be a short term disruption, but an inflationary environment is somewhat cushioned for supermarkets, particularly compared to more discretionary sectors.
