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

BHP Group Limited (LON:BHP) has received a consensus rating of “Hold” from the seven analysts that are currently covering the stock, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is GBX 2,710 ($34.15).

BHP has been the topic of a number of recent research reports. Berenberg Bank reiterated a “hold” rating and set a GBX 2,000 ($25.20) price target on shares of BHP Group in a research note on Wednesday, August 28th. Deutsche Bank Aktiengesellschaft decreased their target price on shares of BHP Group from GBX 2,250 ($28.36) to GBX 2,100 ($26.47) and set a “hold” rating on the stock in a research report on Monday, September 9th.

BHP Group Price Performance

Shares of LON:BHP opened at GBX 2,054 ($25.89) on Friday. The firm has a market capitalization of £104.14 billion, a PE ratio of 1,726.05, a PEG ratio of -0.78 and a beta of 0.84. 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 has a 1-year low of GBX 1,941.10 ($24.46) and a 1-year high of GBX 2,707.50 ($34.12). The business’s 50 day moving average is GBX 2,141.47 and its 200-day moving average is GBX 2,197.44.

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 given a dividend of $0.74 per share. The ex-dividend date of this dividend was Thursday, September 12th. This is a positive change from BHP Group’s previous dividend of $0.72. This represents a yield of 2.7%. 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.