Brokerages Set BHP Group Limited (LON:BHP) Target Price at GBX 2,685.71

Shares of BHP Group Limited (LON:BHP - Get Free Report) have received an average recommendation of "Hold" from the six brokerages that are presently covering the company, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 2,713.33 ($34.20).

A number of research firms have recently commented on BHP. Berenberg Bank restated a "hold" rating and issued a GBX 1,900 ($23.95) price objective on shares of BHP Group in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reissued a "neutral" rating on shares of BHP Group in a research note on Tuesday, February 18th.

BHP Group Price Performance

Shares of LON:BHP traded down GBX 39.93 ($0.50) during trading on Tuesday, reaching GBX 1,932.07 ($24.35). 1,881,356 shares of the company's stock traded hands, compared to its average volume of 1,812,404. The firm has a market cap of £123.33 billion, a PE ratio of 15.64, a P/E/G ratio of -0.78 and a beta of 0.84. BHP Group has a fifty-two week low of GBX 1,911 ($24.09) and a fifty-two week high of GBX 2,613.72 ($32.94). The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.03. The company has a 50-day simple moving average of GBX 2,006.22 and a 200-day simple moving average of GBX 2,073.33.

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.