BHP Group (LON:BHP) Given “Hold” Rating at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of BHP Group (LON:BHPGet Rating) in a research report report published on Monday, Marketbeat reports. The brokerage currently has a GBX 2,100 ($24.83) price objective on the stock.

A number of other brokerages have also recently issued reports on BHP. Credit Suisse Group increased their price objective on shares of BHP Group from GBX 2,200 ($26.01) to GBX 2,300 ($27.20) and gave the stock a neutral rating in a research note on Wednesday, August 17th. Barclays reissued an equal weight rating and issued a GBX 2,200 ($26.01) price objective on shares of BHP Group in a research note on Thursday, October 20th. JPMorgan Chase & Co. reduced their price objective on shares of BHP Group from GBX 2,410 ($28.50) to GBX 2,310 ($27.31) and set a neutral rating for the company in a research note on Friday, October 14th. Finally, Berenberg Bank reissued a hold rating and issued a GBX 2,300 ($27.20) price objective on shares of BHP Group in a research note on Thursday, October 20th. One research analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of Hold and an average price target of GBX 2,238.75 ($26.47).

BHP Group Stock Up 1.5 %

Shares of BHP stock opened at GBX 2,430.50 ($28.74) on Monday. The company has a 50 day simple moving average of GBX 2,267.72 and a two-hundred day simple moving average of GBX 2,327.77. The company has a current ratio of 1.69, a quick ratio of 1.37 and a debt-to-equity ratio of 37.43. The stock has a market cap of £123.01 billion and a P/E ratio of 704.56. BHP Group has a 12 month low of GBX 1,923.40 ($22.74) and a 12 month high of GBX 3,040 ($35.95).

BHP Group Company Profile

(Get Rating)

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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