BHP Group Limited (LON:BHP) Receives Average Recommendation of “Hold” from Analysts

Shares of BHP Group Limited (LON:BHP) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,685.71 ($33.35).

A number of research firms have commented on BHP. JPMorgan Chase & Co. lifted their target price on shares of BHP Group from GBX 2,490 ($30.92) to GBX 2,580 ($32.04) and gave the stock a “neutral” rating in a report on Friday, December 6th. Berenberg Bank restated a “hold” rating and issued a GBX 1,900 ($23.60) price target on shares of BHP Group in a research report on Thursday, January 23rd.

BHP Group Stock Up 0.6 %

Shares of LON BHP opened at GBX 1,991.26 ($24.73) on Friday. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26. The firm has a market capitalization of £100.96 billion, a PE ratio of 1,673.33, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The firm’s 50-day moving average is GBX 2,016.96 and its 200-day moving average is GBX 2,101.39. BHP Group has a 1 year low of GBX 1,927.50 ($23.94) and a 1 year high of GBX 2,613.72 ($32.46).

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.