BHP Group Limited (LON:BHP) Receives Consensus Rating of “Hold” from Brokerages

Shares of BHP Group Limited (LON:BHP) have earned an average recommendation of “Hold” from the six brokerages that are currently covering the firm, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 2,713.33 ($35.91).

Several brokerages have recently weighed in on BHP. Berenberg Bank reiterated a “hold” rating and set a GBX 1,900 ($25.15) 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 note on Tuesday, February 18th.

BHP Group Price Performance

BHP Group stock opened at GBX 1,755 ($23.23) on Wednesday. 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 has a one year low of GBX 1,559.50 ($20.64) and a one year high of GBX 2,613.72 ($34.59). The firm has a market capitalization of £112.03 billion, a P/E ratio of 14.20, a PEG ratio of -0.78 and a beta of 0.84. The business has a fifty day moving average price of GBX 1,898.99 and a 200-day moving average price of GBX 2,019.53.

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.