BHP Group (LON:BHP) Hits New 12-Month Low – Here’s What Happened

BHP Group Limited (LON:BHP)’s stock price reached a new 52-week low during mid-day trading on Friday . The company traded as low as GBX 1,907 ($24.64) and last traded at GBX 1,912.50 ($24.71), with a volume of 238797 shares traded. The stock had previously closed at GBX 1,932 ($24.96).

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,900 ($24.55) price target on shares of BHP Group in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Group in a research report on Tuesday, February 18th. Four equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of GBX 2,713.33 ($35.06).

BHP Group Stock Down 0.7 %

The company has a market cap of £122.50 billion, a P/E ratio of 15.53, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The company has a 50 day moving average of GBX 2,002.89 and a 200-day moving average of GBX 2,066.08. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37.

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.