BHP Group (LON:BHP) Coverage Initiated by Analysts at Citigroup

Citigroup started coverage on shares of BHP Group (LON:BHPFree Report) in a research report released on Friday, MarketBeat reports. The brokerage issued a buy rating and a GBX 2,600 ($33.21) price objective on the stock.

Several other brokerages also recently commented on BHP. Berenberg Bank reiterated a hold rating and set a GBX 2,100 ($26.82) target price on shares of BHP Group in a report on Thursday. Barclays cut their price objective on BHP Group from GBX 2,610 ($33.33) to GBX 2,520 ($32.18) and set an equal weight rating on the stock in a report on Thursday, February 29th. Jefferies Financial Group reaffirmed a buy rating and issued a GBX 2,700 ($34.48) price target on shares of BHP Group in a research note on Thursday, April 18th. JPMorgan Chase & Co. reissued a neutral rating on shares of BHP Group in a research report on Tuesday, April 9th. Finally, Royal Bank of Canada restated a sector perform rating on shares of BHP Group in a report on Wednesday, February 21st. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of Hold and an average target price of GBX 2,366.25 ($30.22).

View Our Latest Analysis on BHP

BHP Group Stock Up 0.2 %

Shares of LON:BHP opened at GBX 2,321 ($29.64) on Friday. The company has a 50 day moving average price of GBX 2,313.81 and a two-hundred day moving average price of GBX 2,386.37. The company has a market capitalization of £117.67 billion, a PE ratio of 2,035.96, a PEG ratio of -0.78 and a beta of 0.86. BHP Group has a 52 week low of GBX 2,157 ($27.55) and a 52 week high of GBX 2,707.50 ($34.58). The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57.

About BHP Group

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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, 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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