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

Shares of BHP Group Limited (LON:BHP - Get Free Report) have been given a consensus rating of "Hold" by the seven analysts that are currently covering the company, MarketBeat.com reports. Five investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 2,700 ($34.22).

Several brokerages have issued reports on BHP. Berenberg Bank restated a "hold" rating and set a GBX 2,000 ($25.35) target price on shares of BHP Group in a research report on Tuesday, November 19th. Deutsche Bank Aktiengesellschaft decreased their price target on BHP Group from GBX 2,250 ($28.52) to GBX 2,100 ($26.62) and set a "hold" rating for the company in a research note on Monday, September 9th. Finally, JPMorgan Chase & Co. upped their price objective on BHP Group from GBX 2,490 ($31.56) to GBX 2,580 ($32.70) and gave the company a "neutral" rating in a research report on Friday, December 6th.

BHP Group Price Performance

The business has a fifty day simple moving average of GBX 2,156.06 and a 200-day simple moving average of GBX 2,174.04. The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70. The company has a market cap of £105.00 billion, a P/E ratio of 1,754.62, a PEG ratio of -0.78 and a beta of 0.84. BHP Group has a fifty-two week low of GBX 1,941.10 ($24.61) and a fifty-two week high of GBX 2,707.50 ($34.32).

About BHP Group

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.