Brokerages Set BHP Group Limited (LON:BHP) Price Target at GBX 2,710

Shares of BHP Group Limited (LON:BHP) have been given an average rating of “Hold” by the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 2,710 ($34.12).

A number of equities analysts recently commented on the stock. Berenberg Bank reissued a “hold” rating and issued a GBX 2,000 ($25.18) price objective on shares of BHP Group in a research note on Tuesday. Deutsche Bank Aktiengesellschaft decreased their price objective on BHP Group from GBX 2,250 ($28.33) to GBX 2,100 ($26.44) and set a “hold” rating for the company in a research note on Monday, September 9th.

BHP Group Trading Down 0.2 %

LON BHP opened at GBX 2,056 ($25.88) on Friday. BHP Group has a one year low of GBX 1,941.10 ($24.44) and a one year high of GBX 2,707.50 ($34.09). The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70. The company has a market capitalization of £104.24 billion, a price-to-earnings ratio of 1,727.73, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The company’s 50-day simple moving average is GBX 2,142.19 and its two-hundred day simple moving average is GBX 2,191.57.

BHP Group Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were issued a dividend of $0.74 per share. This is an increase from BHP Group’s previous dividend of $0.72. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 2.7%. BHP Group’s payout ratio is 9,495.80%.

BHP Group Company Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.