BHP Group (LON:BHP) Price Target Raised to GBX 2,300 at JPMorgan Chase & Co.

BHP Group (LON:BHP) had its price objective hoisted by JPMorgan Chase & Co. from GBX 2,100 to GBX 2,300 in a report issued on Wednesday, MarketBeat.com reports. They currently have a neutral rating on the stock.

Separately, Berenberg Bank reaffirmed a “sell” rating and set a GBX 1,900 price objective on shares of BHP Group in a report on Wednesday, October 22nd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of GBX 2,033.33.

BHP Group Trading Up 3.0%

BHP opened at GBX 2,170 on Wednesday. BHP Group has a 1-year low of GBX 1,559.50 and a 1-year high of GBX 2,228. The stock has a market capitalization of £110.20 billion, a PE ratio of 12.23, a PEG ratio of -0.78 and a beta of 0.84. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.03. The firm has a 50-day moving average price of GBX 2,093.81 and a two-hundred day moving average price of GBX 1,972.29.

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.