BHP Group Limited (LON:BHP) Receives GBX 2,685.71 Consensus Price Target from Brokerages

BHP Group Limited (LON:BHP - Get Free Report) has been given a consensus recommendation of "Hold" by the seven brokerages that are presently covering the firm, Marketbeat reports. Five investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 2,685.71 ($33.35).

BHP has been the subject of several research reports. Berenberg Bank reiterated a "hold" rating and set a GBX 1,900 ($23.60) price target on shares of BHP Group in a research note on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of BHP Group from GBX 2,490 ($30.92) to GBX 2,580 ($32.04) and gave the company a "neutral" rating in a research note on Friday, December 6th.

BHP Group Stock Performance

Shares of LON:BHP opened at GBX 2,002 ($24.86) on Friday. The stock has a market capitalization of £101.50 billion, a price-to-earnings ratio of 1,682.35, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.26, a current ratio of 1.70 and a quick ratio of 1.37. The company's 50 day simple moving average is GBX 2,016.96 and its 200 day simple moving average is GBX 2,101.39. BHP Group has a 1 year low of GBX 1,927.50 ($23.94) and a 1 year high of GBX 2,613.72 ($32.46).

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.