BHP Group Limited (LON:BHP) Given Average Rating of "Hold" by Brokerages

BHP Group Limited (LON:BHP - Get Free Report) has earned an average recommendation of "Hold" from the seven analysts that are covering the stock, MarketBeat reports. Five investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 2,717.14 ($35.73).

A number of research firms have recently commented on BHP. Royal Bank of Canada upped their target price on BHP Group from GBX 4,400 ($57.86) to GBX 4,500 ($59.17) and gave the company a "sector perform" rating in a research note on Thursday, July 18th. JPMorgan Chase & Co. reduced their target price on BHP Group from GBX 2,720 ($35.77) to GBX 2,650 ($34.85) and set a "neutral" rating on the stock in a research note on Thursday, July 18th. Citigroup reissued a "buy" rating and set a GBX 2,500 ($32.87) target price on shares of BHP Group in a research note on Thursday, July 18th. Finally, Berenberg Bank reaffirmed a "hold" rating and issued a GBX 2,000 ($26.30) price target on shares of BHP Group in a research note on Wednesday, August 28th.

BHP Group Trading Down 3.2 %

Shares of BHP Group stock traded down GBX 66 ($0.87) during trading on Tuesday, hitting GBX 1,997 ($26.26). The stock had a trading volume of 2,703,866 shares, compared to its average volume of 1,271,016. The stock has a market cap of £101.25 billion, a PE ratio of 1,748.31, a PEG ratio of -0.78 and a beta of 0.87. BHP Group has a 12 month low of GBX 1,982.50 ($26.07) and a 12 month high of GBX 2,707.50 ($35.60). The firm's fifty day simple moving average is GBX 2,159.54 and its 200-day simple moving average is GBX 2,245.11. The company has a debt-to-equity ratio of 45.26, a current ratio of 1.70 and a quick ratio of 1.37.

BHP Group Increases Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 3rd. Shareholders of record on Thursday, September 12th will be given a dividend of $0.74 per share. This is an increase from BHP Group's previous dividend of $0.72. The ex-dividend date is Thursday, September 12th. This represents a yield of 2.7%. BHP Group's dividend payout ratio (DPR) is 9,491.53%.

BHP Group Company Profile

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, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.