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

Shares of BHP Group Limited (LON:BHPGet Rating) have been assigned an average rating of “Hold” from the eight analysts that are presently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation and one has assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 2,414.29 ($30.55).

Several research firms have weighed in on BHP. Royal Bank of Canada restated a “sector perform” rating and set a GBX 2,700 ($34.16) price target on shares of BHP Group in a report on Monday, May 16th. Barclays cut their price target on BHP Group from GBX 2,700 ($34.16) to GBX 2,400 ($30.36) and set an “equal weight” rating for the company in a report on Tuesday, May 24th. Deutsche Bank Aktiengesellschaft lowered their price objective on BHP Group from GBX 2,400 ($30.36) to GBX 2,250 ($28.47) and set a “hold” rating for the company in a research note on Monday. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,700 ($34.16) price objective on shares of BHP Group in a research note on Monday, May 23rd. Finally, Citigroup reaffirmed a “neutral” rating and issued a GBX 2,250 ($28.47) price objective on shares of BHP Group in a research note on Tuesday, February 8th.

LON BHP opened at GBX 2,550 ($32.26) on Friday. The stock has a market capitalization of £129.09 billion and a PE ratio of 9.69. The business has a 50 day simple moving average of GBX 2,744.83 and a two-hundred day simple moving average of GBX 2,478.56. The company has a debt-to-equity ratio of 36.09, a current ratio of 1.92 and a quick ratio of 0.86. BHP Group has a 1-year low of GBX 1,774.56 ($22.45) and a 1-year high of GBX 3,040 ($38.46).

BHP Group Company Profile (Get Rating)

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

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Analyst Recommendations for BHP Group (LON:BHP)

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