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

BHP Group Limited (LON:BHP) has been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 2,713.33 ($34.93).

Several brokerages have recently weighed in on BHP. JPMorgan Chase & Co. restated a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 18th. Berenberg Bank restated a “hold” rating and set a GBX 1,900 ($24.46) price objective on shares of BHP Group in a research note on Tuesday, February 18th.

BHP Group Trading Up 0.5 %

LON BHP opened at GBX 1,931.50 ($24.87) on Friday. The company’s fifty day simple moving average is GBX 1,985.74 and its 200-day simple moving average is GBX 2,051.02. The stock has a market cap of £123.29 billion, a P/E ratio of 15.63, a PEG ratio of -0.78 and a beta of 0.84. BHP Group has a 52 week low of GBX 1,861 ($23.96) and a 52 week high of GBX 2,613.72 ($33.65). The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.03.

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.