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

Shares of BHP Group Limited (LON:BHP) have received an average recommendation of “Hold” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have covered the stock in the last year is GBX 2,685.71 ($33.35).

A number of research analysts have issued reports on BHP shares. Berenberg Bank reissued a “hold” rating and set a GBX 1,900 ($23.60) price objective on shares of BHP Group in a report on Thursday, January 23rd. JPMorgan Chase & Co. lifted their price target on shares of BHP Group from GBX 2,490 ($30.92) to GBX 2,580 ($32.04) and gave the company a “neutral” rating in a report on Friday, December 6th.

BHP Group Price Performance

BHP Group stock opened at GBX 1,991.26 ($24.73) on Friday. The business has a 50 day simple moving average of GBX 2,016.96 and a 200 day simple moving average of GBX 2,101.39. The company has a debt-to-equity ratio of 45.26, a current ratio of 1.70 and a quick ratio of 1.37. The company has a market capitalization of £100.96 billion, a PE ratio of 1,673.33, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. BHP Group has a one year low of GBX 1,927.50 ($23.94) and a one year high of GBX 2,613.72 ($32.46).

About BHP Group

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.