BHP Group Limited (LON:BHP) Given Consensus Recommendation of “Hold” by Brokerages

Shares of BHP Group Limited (LON:BHP) have received an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 2,685.71 ($33.89).

Several analysts have commented on BHP shares. JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a report on Tuesday, February 18th. Berenberg Bank reissued a “hold” rating and issued a GBX 1,900 ($23.98) price target on shares of BHP Group in a research note on Tuesday, February 18th.

BHP Group Trading Down 1.2 %

BHP stock opened at GBX 2,034 ($25.67) on Tuesday. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.03. BHP Group has a 52-week low of GBX 1,927.50 ($24.32) and a 52-week high of GBX 2,613.72 ($32.98). The company’s 50-day simple moving average is GBX 2,006.01 and its 200-day simple moving average is GBX 2,075.89. The firm has a market cap of £129.84 billion, a P/E ratio of 16.46, a PEG ratio of -0.78 and a beta of 0.84.

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.