BHP Group Limited (LON:BHP) Receives GBX 2,710 Consensus Target Price from Analysts

BHP Group Limited (LON:BHP) has been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the stock, Marketbeat reports. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 2,710 ($36.25).

BHP has been the topic of a number of research analyst reports. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of BHP Group from GBX 2,250 ($30.10) to GBX 2,100 ($28.09) and set a “hold” rating on the stock in a report on Monday, September 9th. Berenberg Bank restated a “hold” rating and set a GBX 2,000 ($26.75) price objective on shares of BHP Group in a report on Wednesday, August 28th. JPMorgan Chase & Co. dropped their price objective on shares of BHP Group from GBX 2,720 ($36.38) to GBX 2,650 ($35.45) and set a “neutral” rating on the stock in a report on Thursday, July 18th. Royal Bank of Canada raised their price objective on shares of BHP Group from GBX 4,400 ($58.86) to GBX 4,500 ($60.19) and gave the stock a “sector perform” rating in a report on Thursday, July 18th. Finally, Citigroup restated a “buy” rating and set a GBX 2,500 ($33.44) price objective on shares of BHP Group in a report on Thursday, July 18th.

BHP Group Trading Down 1.1 %

BHP opened at GBX 2,304 ($30.82) on Friday. BHP Group has a twelve month low of GBX 1,941.10 ($25.96) and a twelve month high of GBX 2,707.50 ($36.22). The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70. The firm’s fifty day moving average is GBX 2,098.81 and its two-hundred day moving average is GBX 2,219.70. The firm has a market cap of £116.81 billion, a PE ratio of 1,986.21, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84.

BHP Group Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were given a $0.74 dividend. The ex-dividend date was Thursday, September 12th. This represents a yield of 2.7%. This is an increase from BHP Group’s previous dividend of $0.72. BHP Group’s dividend payout ratio (DPR) is 9,741.38%.

About BHP Group

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