BHP Group Limited (LON:BHP) Given Average Rating of “Hold” by Brokerages

BHP Group Limited (LON:BHP) has earned a consensus rating of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year target price among analysts that have covered the stock in the last year is GBX 2,710 ($35.19).

BHP has been the subject of several research reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,000 ($25.97) target price on shares of BHP Group in a report on Wednesday, August 28th. JPMorgan Chase & Co. dropped their target price on shares of BHP Group from GBX 2,720 ($35.32) to GBX 2,650 ($34.41) and set a “neutral” rating on the stock in a report on Thursday, July 18th. Citigroup reissued a “buy” rating and set a GBX 2,500 ($32.46) target price on shares of BHP Group in a research report on Thursday, July 18th. Deutsche Bank Aktiengesellschaft lowered their price target on shares of BHP Group from GBX 2,250 ($29.21) to GBX 2,100 ($27.27) and set a “hold” rating for the company in a research report on Monday, September 9th. Finally, Royal Bank of Canada lifted their price objective on shares of BHP Group from GBX 4,400 ($57.13) to GBX 4,500 ($58.43) and gave the company a “sector perform” rating in a report on Thursday, July 18th.

BHP Group Stock Up 0.9 %

LON:BHP opened at GBX 2,186 ($28.38) on Wednesday. The stock has a fifty day simple moving average of GBX 2,120.89 and a 200-day simple moving average of GBX 2,219.27. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26. The company has a market cap of £110.83 billion, a price-to-earnings ratio of 1,836.97, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. BHP Group has a twelve month low of GBX 1,941.10 ($25.20) and a twelve month high of GBX 2,707.50 ($35.15).

BHP Group Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, October 3rd. Investors of record on Thursday, September 12th were issued a $0.74 dividend. This represents a yield of 2.7%. The ex-dividend date was Thursday, September 12th. This is an increase from BHP Group’s previous dividend of $0.72. BHP Group’s dividend payout ratio is 9,495.80%.

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.