BHP Group Limited (LON:BHP) Receives GBX 2,700 Consensus PT from Analysts

Shares of BHP Group Limited (LON:BHP) have earned a consensus recommendation of “Hold” from the seven brokerages that are currently covering the firm, MarketBeat Ratings reports. Five equities research 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 brokerages that have issued ratings on the stock in the last year is GBX 2,700 ($34.08).

A number of research analysts recently issued reports on the stock. Berenberg Bank restated a “hold” rating and set a GBX 2,000 ($25.24) price objective on shares of BHP Group in a report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft reduced their price target on shares of BHP Group from GBX 2,250 ($28.40) to GBX 2,100 ($26.51) and set a “hold” rating on the stock in a research report on Monday, September 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of BHP Group from GBX 2,490 ($31.43) to GBX 2,580 ($32.56) and gave the company a “neutral” rating in a research report on Friday, December 6th.

BHP Group Trading Down 1.2 %

LON:BHP opened at GBX 2,046 ($25.82) on Thursday. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26. The firm has a market capitalization of £103.73 billion, a price-to-earnings ratio of 1,719.33, a PEG ratio of -0.78 and a beta of 0.84. The business’s 50-day moving average price is GBX 2,153.68 and its two-hundred day moving average price is GBX 2,172.40. BHP Group has a 1-year low of GBX 1,941.10 ($24.50) and a 1-year high of GBX 2,707.50 ($34.17).

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.