BHP Group (LON:BHP) Receives Hold Rating from Deutsche Bank

Deutsche Bank restated their hold rating on shares of BHP Group (LON:BHP) in a research report report published on Tuesday morning, Stock Target Advisor reports.

BHP has been the topic of several other research reports. Independent Research set a GBX 1,925 ($25.15) target price on shares of BHP Group and gave the stock a neutral rating in a research report on Tuesday, August 27th. Credit Suisse Group dropped their target price on shares of BHP Group from GBX 1,930 ($25.22) to GBX 1,850 ($24.17) and set a neutral rating on the stock in a research report on Tuesday, October 22nd. HSBC dropped their target price on shares of BHP Group from GBX 1,995 ($26.07) to GBX 1,860 ($24.30) and set a hold rating on the stock in a research report on Tuesday, October 22nd. Liberum Capital cut shares of BHP Group to a sell rating in a research report on Tuesday, October 22nd. Finally, Morgan Stanley reissued an equal weight rating and set a GBX 1,820 ($23.78) target price (up previously from GBX 1,810 ($23.65)) on shares of BHP Group in a research report on Tuesday, October 22nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,775.77 ($23.20).

Shares of BHP Group stock traded up GBX 15.40 ($0.20) during mid-day trading on Tuesday, hitting GBX 1,690 ($22.08). 4,085,798 shares of the stock were exchanged. BHP Group has a 12 month low of GBX 18.17 ($0.24) and a 12 month high of GBX 2,078.50 ($27.16). The company has a 50-day simple moving average of GBX 1,682.74 and a 200 day simple moving average of GBX 1,809.51. The company has a debt-to-equity ratio of 49.76, a quick ratio of 1.56 and a current ratio of 1.89. The company has a market capitalization of $35.69 billion and a P/E ratio of 10.57.

In related news, insider Susan Kilsby purchased 2,900 shares of the stock in a transaction that occurred on Friday, August 23rd. The shares were bought at an average price of GBX 1,713 ($22.38) per share, with a total value of £49,677 ($64,911.80).

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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Analyst Recommendations for BHP Group (LON:BHP)

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