UBS Group Reiterates Neutral Rating for BHP Group (LON:BHP)

BHP Group (LON:BHP)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS Group in a report released on Tuesday, Stock Target Advisor reports.

Several other equities research analysts also recently issued reports on the company. Goldman Sachs Group decreased their price target on BHP Group from GBX 1,900 ($24.83) to GBX 1,800 ($23.52) and set a “neutral” rating for the company in a report on Thursday, November 7th. JPMorgan Chase & Co. decreased their price target on BHP Group from GBX 1,940 ($25.35) to GBX 1,760 ($23.00) and set a “neutral” rating for the company in a report on Wednesday, November 6th. Bank of America reiterated an “underperform” rating on shares of BHP Group in a report on Tuesday, October 22nd. Deutsche Bank reiterated a “hold” rating on shares of BHP Group in a report on Tuesday. Finally, Independent Research set a GBX 1,925 ($25.15) price target on BHP Group and gave the stock a “neutral” rating in a report on Tuesday, August 27th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,775.77 ($23.20).

BHP Group stock traded up GBX 15.40 ($0.20) during trading on Tuesday, hitting GBX 1,690 ($22.08). 4,085,798 shares of the company were exchanged. The business’s 50 day moving average is GBX 1,682.74 and its 200 day moving average is GBX 1,809.51. BHP Group has a 52 week low of GBX 18.17 ($0.24) and a 52 week high of GBX 2,078.50 ($27.16). The company has a market capitalization of $35.69 billion and a P/E ratio of 10.57. The company has a current ratio of 1.89, a quick ratio of 1.56 and a debt-to-equity ratio of 49.76.

In other BHP Group news, insider Susan Kilsby acquired 2,900 shares of BHP Group stock in a transaction on Friday, August 23rd. The stock was purchased at an average price of GBX 1,713 ($22.38) per share, for a total transaction 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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