Jefferies Financial Group reiterated their buy rating on shares of BHP Group (LON:BHP – Free Report) in a research note published on Thursday, MarketBeat reports. They currently have a GBX 2,700 ($33.61) price objective on the stock.
Several other research firms have also recently weighed in on BHP. Barclays cut their price objective on BHP Group from GBX 2,610 ($32.49) to GBX 2,520 ($31.37) and set an equal weight rating on the stock in a report on Thursday, February 29th. Citigroup restated an equal weight rating and issued a GBX 2,610 ($32.49) target price on shares of BHP Group in a research note on Tuesday, February 20th. Berenberg Bank cut their target price on BHP Group from GBX 2,200 ($27.39) to GBX 2,100 ($26.14) and set a hold rating on the stock in a research note on Tuesday, March 26th. JPMorgan Chase & Co. restated a neutral rating on shares of BHP Group in a research note on Tuesday, April 9th. Finally, Royal Bank of Canada restated a sector perform rating on shares of BHP Group in a research note on Wednesday, February 21st. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat, the company has a consensus rating of Hold and an average price target of GBX 2,367.50 ($29.47).
BHP Group Trading Down 0.3 %
BHP Group Cuts Dividend
The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were paid a dividend of $0.72 per share. This represents a dividend yield of 2.41%. The ex-dividend date was Thursday, March 7th. BHP Group’s dividend payout ratio is currently 10,344.83%.
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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.
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