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

BHP Group Limited (LON:BHP) has received an average rating of “Hold” from the seven research firms that are currently covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 2,700 ($32.96).

BHP has been the topic of a number of recent research reports. JPMorgan Chase & Co. boosted their target price on BHP Group from GBX 2,490 ($30.40) to GBX 2,580 ($31.50) and gave the company a “neutral” rating in a report on Friday, December 6th. Berenberg Bank reiterated a “hold” rating and issued a GBX 2,000 ($24.42) price objective on shares of BHP Group in a research report on Tuesday, November 19th.

BHP Group Stock Performance

Shares of BHP stock opened at GBX 2,012 ($24.56) on Monday. The stock’s 50-day moving average price is GBX 2,045.59 and its 200 day moving average price is GBX 2,121.45. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.26. The stock has a market capitalization of £102.01 billion, a PE ratio of 1,690.76, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. BHP Group has a 52-week low of GBX 1,927.50 ($23.53) and a 52-week high of GBX 2,613.72 ($31.91).

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.