BHP Group (NYSE:BHP) was downgraded by investment analysts at UBS Group from a “buy” rating to a “neutral” rating in a note issued to investors on Monday, The Fly reports.
A number of other brokerages have also recently weighed in on BHP. ValuEngine upgraded BHP Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Goldman Sachs Group cut BHP Group from a “conviction-buy” rating to a “buy” rating in a research report on Monday, January 14th. CLSA cut BHP Group from an “outperform” rating to an “underperform” rating in a research report on Thursday, February 7th. Zacks Investment Research upgraded BHP Group from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research report on Tuesday, April 9th. Finally, Macquarie reiterated a “buy” rating on shares of BHP Group in a research report on Tuesday, March 26th. Three investment analysts have rated the stock with a sell rating, six have assigned a hold rating and five have assigned a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $64.00.
Shares of BHP Group stock opened at $54.68 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.16 and a current ratio of 2.55. The company has a market cap of $88.54 billion, a PE ratio of 16.27, a P/E/G ratio of 2.80 and a beta of 0.80. BHP Group has a twelve month low of $43.19 and a twelve month high of $57.25.
About BHP Group
BHP Group discovers, acquires, develops, and markets natural resources worldwide. 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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