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

BHP Group Limited (LON:BHP) has been given a consensus rating of “Hold” by the six analysts that are covering the stock, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating. The average 12 month target price among brokers that have issued a report on the stock in the last year is GBX 9,150.

Several brokerages have commented on BHP. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of BHP Group in a research note on Friday. JPMorgan Chase & Co. decreased their price target on shares of BHP Group from GBX 3,400 to GBX 3,000 and set a “neutral” rating for the company in a report on Friday, July 10th. Citigroup upped their price objective on shares of BHP Group from £290 to £350 and gave the company a “neutral” rating in a research report on Monday, June 8th. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 3,350 price objective on shares of BHP Group in a research note on Monday, July 6th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 2,500 target price on shares of BHP Group in a report on Thursday, April 23rd.

BHP Group Stock Performance

Shares of LON:BHP opened at GBX 2,976 on Friday. The firm’s 50 day simple moving average is GBX 3,179.46 and its 200 day simple moving average is GBX 2,854.32. BHP Group has a fifty-two week low of GBX 1,769.23 and a fifty-two week high of GBX 3,495. The company has a market capitalization of £151.20 billion, a price-to-earnings ratio of 14.78, a P/E/G ratio of -0.78 and a beta of 0.83. The company has a debt-to-equity ratio of 62.55, a current ratio of 1.65 and a quick ratio of 1.37.

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. We aim to do this through owning a portfolio of world class assets with exposure to highly attractive commodities that benefit from the mega-trends playing out in the world around us, by operating them exceptionally well, by maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.

We are a global business with over 9,000 suppliers around the world, many of which are small to medium-sized businesses that are local to our assets.