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

BHP Group Limited (LON:BHP) has been assigned a consensus recommendation of “Hold” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 2,652.50 ($34.40).

Several research analysts have weighed in on BHP shares. JPMorgan Chase & Co. dropped their price target on BHP Group from GBX 2,720 ($35.27) to GBX 2,650 ($34.37) and set a “neutral” rating for the company in a research note on Thursday. Citigroup restated a “buy” rating and issued a GBX 2,500 ($32.42) price target on shares of BHP Group in a research note on Thursday. Berenberg Bank dropped their price target on BHP Group from GBX 2,100 ($27.23) to GBX 2,000 ($25.94) and set a “hold” rating for the company in a research note on Thursday, July 11th. Royal Bank of Canada upped their price target on BHP Group from GBX 4,400 ($57.06) to GBX 4,500 ($58.36) and gave the stock a “sector perform” rating in a research note on Thursday. Finally, Jefferies Financial Group restated a “buy” rating and issued a GBX 2,700 ($35.01) price target on shares of BHP Group in a research note on Thursday, April 18th.

BHP Group Trading Down 1.1 %

Shares of LON:BHP opened at GBX 2,150 ($27.88) on Monday. The stock has a market capitalization of £109.01 billion, a price-to-earnings ratio of 1,885.96, a PEG ratio of -0.78 and a beta of 0.86. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57. The stock’s 50-day simple moving average is GBX 2,284.08 and its two-hundred day simple moving average is GBX 2,321.49. BHP Group has a 52-week low of GBX 2,124 ($27.55) and a 52-week high of GBX 2,707.50 ($35.11).

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.