Recent Investment Analysts’ Ratings Changes for BHP Group (BHP)

Several analysts have recently updated their ratings and price targets for BHP Group (NYSE: BHP):

  • 8/2/2022 – BHP Group was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
  • 7/25/2022 – BHP Group was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
  • 7/20/2022 – BHP Group had its price target lowered by analysts at UBS Group AG from GBX 2,100 ($25.73) to GBX 2,050 ($25.12).
  • 7/20/2022 – BHP Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 2,510 ($30.76) to GBX 2,440 ($29.90).
  • 7/20/2022 – BHP Group had its price target lowered by analysts at Credit Suisse Group AG from GBX 2,500 ($30.63) to GBX 2,200 ($26.96).
  • 7/13/2022 – BHP Group was downgraded by analysts at The Goldman Sachs Group, Inc. from a “buy” rating to a “neutral” rating.
  • 7/9/2022 – BHP Group was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
  • 7/5/2022 – BHP Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 2,590 ($31.74) to GBX 2,510 ($30.76).
  • 7/1/2022 – BHP Group was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
  • 6/29/2022 – BHP Group had its price target lowered by analysts at Deutsche Bank Aktiengesellschaft from GBX 2,250 ($27.57) to GBX 2,200 ($26.96).
  • 6/24/2022 – BHP Group was upgraded by analysts at Jefferies Financial Group Inc. to a “buy” rating. They now have a $82.00 price target on the stock.
  • 6/22/2022 – BHP Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 2,640 ($32.35) to GBX 2,590 ($31.74).
  • 6/7/2022 – BHP Group was upgraded by analysts at Jefferies Financial Group Inc. from a “hold” rating to a “buy” rating.

BHP Group Trading Up 0.4 %

Shares of BHP Group stock opened at $53.25 on Thursday. The business’s 50 day simple moving average is $57.71 and its 200 day simple moving average is $65.39. BHP Group Limited has a 52-week low of $47.35 and a 52-week high of $80.29. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.92 and a quick ratio of 1.71.

Institutional Investors Weigh In On BHP Group

A number of institutional investors and hedge funds have recently made changes to their positions in BHP. National Asset Management Inc. increased its holdings in shares of BHP Group by 42.6% during the 4th quarter. National Asset Management Inc. now owns 10,275 shares of the mining company’s stock worth $621,000 after acquiring an additional 3,072 shares during the last quarter. Commonwealth Equity Services LLC increased its holdings in shares of BHP Group by 14.4% during the 4th quarter. Commonwealth Equity Services LLC now owns 67,434 shares of the mining company’s stock worth $4,069,000 after acquiring an additional 8,503 shares during the last quarter. Yousif Capital Management LLC acquired a new position in shares of BHP Group during the 4th quarter worth approximately $1,377,000. D.A. Davidson & CO. grew its holdings in BHP Group by 22.7% in the 4th quarter. D.A. Davidson & CO. now owns 24,297 shares of the mining company’s stock valued at $1,466,000 after buying an additional 4,498 shares in the last quarter. Finally, CWM LLC acquired a new position in BHP Group in the 4th quarter valued at $81,000. Institutional investors own 6.73% of the company’s stock.

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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