BHP Group Limited (LON:BHP) Receives GBX 2,685.71 Consensus Price Target from Analysts

Shares of BHP Group Limited (LON:BHP) have been assigned an average rating of “Hold” from the six research firms that are presently covering the stock, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,713.33 ($34.13).

A number of equities research analysts have recently commented on BHP shares. Berenberg Bank reaffirmed a “hold” rating and set a GBX 1,900 ($23.90) price target on shares of BHP Group in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Group in a report on Tuesday, February 18th.

BHP Group Trading Down 2.0 %

LON BHP opened at GBX 1,932.07 ($24.30) on Tuesday. The firm has a market cap of £123.33 billion, a P/E ratio of 15.64, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. The stock’s 50-day moving average is GBX 2,005.65 and its 200-day moving average is GBX 2,072. BHP Group has a one year low of GBX 1,911 ($24.03) and a one year high of GBX 2,613.72 ($32.87).

About BHP Group

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.