BHP Group (LON:BHP) Earns Hold Rating from Berenberg Bank

Berenberg Bank reaffirmed their hold rating on shares of BHP Group (LON:BHP - Free Report) in a research report sent to investors on Thursday morning, MarketBeat Ratings reports. Berenberg Bank currently has a GBX 1,900 ($23.39) price objective on the stock.

Separately, JPMorgan Chase & Co. raised their price target on BHP Group from GBX 2,490 ($30.65) to GBX 2,580 ($31.76) and gave the company a "neutral" rating in a research note on Friday, December 6th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of GBX 2,685.71 ($33.06).

BHP Group Trading Down 1.3 %

BHP stock traded down GBX 27.22 ($0.34) during trading on Thursday, hitting GBX 1,989.78 ($24.50). The company had a trading volume of 1,022,194 shares, compared to its average volume of 3,168,522. BHP Group has a 52-week low of GBX 1,927.50 ($23.73) and a 52-week high of GBX 2,613.72 ($32.18). The company has a 50 day simple moving average of GBX 2,024.30 and a 200-day simple moving average of GBX 2,110.58. The firm has a market capitalization of £100.88 billion, a P/E ratio of 1,672.08, a PEG ratio of -0.78 and a beta of 0.84. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.26.

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.