Plenty of ASX 200 mining shares have hit multi-year highs over the past fortnight as several key commodity prices continue to soar.

Some commodities have risen by more than 25% and even up to 70% over the past month alone.

This has led to many brokers updating their ratings and 12-month share price targets on several leading ASX 200 miners.

Let’s take a look.

BHP Group Ltd (ASX: BHP)

The ASX 200 iron ore and copper mining giant hit a two-year high of $49.75 per share yesterday.

Last week, Jason Fairclough at Bank of America reiterated his buy rating on BHP shares.

He raised his 12-month share price target from $49 to $56.

A $56 share price would be a record for BHP shares. The current record is…