BHP Group (LON:BHP) has been given a GBX 1,800 ($23.52) target price by analysts at Goldman Sachs Group in a research note issued on Tuesday. The firm currently has a “neutral” rating on the stock. Goldman Sachs Group’s price objective suggests a potential upside of 4.06% from the stock’s previous close.
BHP has been the subject of several other reports. UBS Group reiterated a “buy” rating on shares of BHP Group in a report on Wednesday, January 23rd. Deutsche Bank reissued a “hold” rating on shares of BHP Group in a research report on Monday, October 15th. Barclays raised their price target on shares of BHP Group from GBX 2,100 ($27.44) to GBX 2,150 ($28.09) and gave the company an “overweight” rating in a research report on Thursday, January 10th. Liberum Capital reissued a “sell” rating on shares of BHP Group in a research report on Wednesday, November 7th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a research report on Friday, November 23rd. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and seven have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 1,745.88 ($22.81).
BHP stock opened at GBX 1,729.80 ($22.60) on Tuesday. The stock has a market cap of $36.43 billion and a P/E ratio of 24.93. The company has a current ratio of 2.51, a quick ratio of 1.37 and a debt-to-equity ratio of 46.18.
BHP Group Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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