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

BHP Group Limited (LON:BHP) has received an average rating of “Hold” from the seven ratings firms that are presently 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 brokers that have issued a report on the stock in the last year is GBX 2,700 ($32.96).

Several research analysts have recently issued reports on the company. JPMorgan Chase & Co. upped their price objective on BHP Group from GBX 2,490 ($30.40) to GBX 2,580 ($31.50) and gave the stock a “neutral” rating in a research report on Friday, December 6th. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,000 ($24.42) price target on shares of BHP Group in a research note on Tuesday, November 19th.

BHP Group Price Performance

BHP Group stock opened at GBX 2,012 ($24.56) on Monday. The stock has a market cap of £102.01 billion, a P/E ratio of 1,690.76, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The company has a fifty day simple moving average of GBX 2,045.59 and a 200-day simple moving average of GBX 2,121.45. 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 12-month low of GBX 1,927.50 ($23.53) and a 12-month high of GBX 2,613.72 ($31.91).

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.