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

Shares of BHP Group Limited (LON:BHP) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,700 ($33.37).

A number of equities research analysts recently weighed in on BHP shares. Berenberg Bank restated a “hold” rating and issued a GBX 2,000 ($24.72) price target on shares of BHP Group in a research note on Tuesday, November 19th. JPMorgan Chase & Co. increased their price objective on shares of BHP Group from GBX 2,490 ($30.78) to GBX 2,580 ($31.89) and gave the company a “neutral” rating in a research report on Friday, December 6th.

BHP Group Stock Performance

BHP opened at GBX 1,965.50 ($24.30) on Monday. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.26. BHP Group has a 12-month low of GBX 1,927.50 ($23.83) and a 12-month high of GBX 2,613.72 ($32.31). The business has a 50 day moving average of GBX 2,053.57 and a 200-day moving average of GBX 2,125.27. The stock has a market cap of £99.65 billion, a price-to-earnings ratio of 1,651.68, a PEG ratio of -0.78 and a beta of 0.84.

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.