Shares of BHP Group Limited (LON:BHP – Get Rating) have earned an average rating of “Hold” from the eight analysts that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation and seven have given a hold recommendation 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 2,238.75 ($26.47).
A number of brokerages recently weighed in on BHP. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a GBX 2,100 ($24.83) price objective on shares of BHP Group in a report on Monday. JPMorgan Chase & Co. decreased their target price 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. Barclays reiterated an “equal weight” rating and set a GBX 2,200 ($26.01) target price on shares of BHP Group in a research note on Thursday, October 20th. Credit Suisse Group boosted their target price on shares of BHP Group from GBX 2,200 ($26.01) to GBX 2,300 ($27.20) and gave the company a “neutral” rating in a research note on Wednesday, August 17th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 2,300 ($27.20) target price on shares of BHP Group in a research note on Thursday, October 20th.
BHP Group Price Performance
Shares of LON BHP opened at GBX 2,460.50 ($29.09) on Friday. BHP Group has a twelve month low of GBX 1,923.40 ($22.74) and a twelve month high of GBX 3,040 ($35.95). The firm has a market cap of £124.53 billion and a P/E ratio of 723.68. The company has a 50 day moving average of GBX 2,274.43 and a 200 day moving average of GBX 2,327.06. The company has a quick ratio of 1.37, a current ratio of 1.69 and a debt-to-equity ratio of 37.43.
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.
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