BHP Group Limited (LON:BHP) Receives GBX 2,713.33 Average Target Price from Analysts

Shares of BHP Group Limited (LON:BHP) have been given a consensus recommendation of “Hold” by the six research firms that are presently covering the company, MarketBeat Ratings reports. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is GBX 2,713.33 ($34.93).

BHP has been the subject of a number of research reports. JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a research report on Tuesday, February 18th. Berenberg Bank reiterated a “hold” rating and set a GBX 1,900 ($24.46) target price on shares of BHP Group in a report on Tuesday, February 18th.

BHP Group Stock Performance

Shares of BHP Group stock opened at GBX 1,931.50 ($24.87) on Friday. The stock has a market capitalization of £123.29 billion, a price-to-earnings ratio of 15.63, a PEG ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. The firm’s fifty day simple moving average is GBX 1,985.74 and its 200-day simple moving average is GBX 2,051.02. BHP Group has a 12 month low of GBX 1,861 ($23.96) and a 12 month high of GBX 2,613.72 ($33.65).

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.