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

Shares of BHP Group Limited (LON:BHP - Get Free Report) have been assigned a consensus rating of "Hold" from the seven research firms that are currently covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 2,700 ($33.78).

A number of equities analysts recently weighed in on BHP shares. Berenberg Bank reissued a "hold" rating and issued a GBX 2,000 ($25.02) price target on shares of BHP Group in a research note on Tuesday, November 19th. JPMorgan Chase & Co. lifted their target price on shares of BHP Group from GBX 2,490 ($31.15) to GBX 2,580 ($32.28) and gave the stock a "neutral" rating in a research report on Friday, December 6th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on shares of BHP Group from GBX 2,250 ($28.15) to GBX 2,100 ($26.27) and set a "hold" rating for the company in a research report on Monday, September 9th.

BHP Group Price Performance

Shares of LON BHP traded down GBX 6.39 ($0.08) during mid-day trading on Monday, reaching GBX 1,964 ($24.57). The company had a trading volume of 1,439,422 shares, compared to its average volume of 1,237,437. The company has a 50-day moving average price of GBX 2,062 and a two-hundred day moving average price of GBX 2,130.27. The stock has a market cap of £99.57 billion, a PE ratio of 1,650.42, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.26. BHP Group has a 1-year low of GBX 1,928 ($24.12) and a 1-year high of GBX 2,613.72 ($32.70).

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.