BHP Group Limited (LON:BHP) Given Average Rating of “Hold” by Brokerages

BHP Group Limited (LON:BHP) has earned an average recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 2,685.71 ($33.40).

BHP has been the subject of a number of research analyst reports. JPMorgan Chase & Co. increased their price target on BHP Group from GBX 2,490 ($30.97) to GBX 2,580 ($32.09) and gave the company a “neutral” rating in a research note on Friday, December 6th. Berenberg Bank restated a “hold” rating and set a GBX 1,900 ($23.63) price objective on shares of BHP Group in a report on Thursday, January 23rd.

BHP Group Stock Performance

Shares of BHP stock opened at GBX 2,053 ($25.53) on Friday. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26. The company has a market cap of £104.09 billion, a PE ratio of 1,725.21, a PEG ratio of -0.78 and a beta of 0.84. BHP Group has a 12-month low of GBX 1,927.50 ($23.97) and a 12-month high of GBX 2,613.72 ($32.50). The business’s fifty day simple moving average is GBX 2,009.56 and its 200-day simple moving average is GBX 2,090.21.

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.