BHP Group Limited (LON:BHP) Receives Consensus Rating of “Hold” from Analysts

Shares of BHP Group Limited (LON:BHP) have been given an average recommendation of “Hold” by the seven analysts that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is GBX 2,700 ($34.44).

Several research firms recently commented on BHP. JPMorgan Chase & Co. raised their price target on shares of BHP Group from GBX 2,490 ($31.76) to GBX 2,580 ($32.91) and gave the company a “neutral” rating in a report on Friday, December 6th. Deutsche Bank Aktiengesellschaft cut their target price on shares of BHP Group from GBX 2,250 ($28.70) to GBX 2,100 ($26.79) and set a “hold” rating on the stock in a research note on Monday, September 9th. Finally, Berenberg Bank reaffirmed a “hold” rating and set a GBX 2,000 ($25.51) price target on shares of BHP Group in a research report on Tuesday, November 19th.

BHP Group Price Performance

LON:BHP opened at GBX 2,094.78 ($26.72) on Thursday. BHP Group has a 12-month low of GBX 1,941.10 ($24.76) and a 12-month high of GBX 2,707.50 ($34.54). The firm has a market cap of £106.21 billion, a price-to-earnings ratio of 1,760.32, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The company’s 50-day moving average is GBX 2,156.80 and its two-hundred day moving average is GBX 2,174.59. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26.

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