Brokerages Set BHP Group Limited (LON:BHP) PT at GBX 2,710

BHP Group Limited (LON:BHP - Get Free Report) has received a consensus rating of "Hold" from the seven ratings firms that are currently covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is GBX 2,710 ($35.19).

Several equities analysts recently issued reports on BHP shares. Deutsche Bank Aktiengesellschaft decreased their price target on BHP Group from GBX 2,250 ($29.21) to GBX 2,100 ($27.27) and set a "hold" rating on the stock in a report on Monday, September 9th. Berenberg Bank reiterated a "hold" rating and set a GBX 2,000 ($25.97) price target on shares of BHP Group in a research report on Wednesday, August 28th. Royal Bank of Canada increased their price objective on shares of BHP Group from GBX 4,400 ($57.13) to GBX 4,500 ($58.43) and gave the company a "sector perform" rating in a report on Thursday, July 18th. Citigroup reaffirmed a "buy" rating and set a GBX 2,500 ($32.46) target price on shares of BHP Group in a report on Thursday, July 18th. Finally, JPMorgan Chase & Co. cut their price target on BHP Group from GBX 2,720 ($35.32) to GBX 2,650 ($34.41) and set a "neutral" rating on the stock in a research note on Thursday, July 18th.

BHP Group Trading Down 1.5 %

BHP traded down GBX 33 ($0.43) during mid-day trading on Wednesday, reaching GBX 2,153 ($27.95). The stock had a trading volume of 1,023,294 shares, compared to its average volume of 2,361,281. The firm's fifty day simple moving average is GBX 2,122.21 and its two-hundred day simple moving average is GBX 2,218.55. The stock has a market capitalization of £109.16 billion, a P/E ratio of 1,809.24, a P/E/G ratio of -0.78 and a beta of 0.84. BHP Group has a 52 week low of GBX 1,941.10 ($25.20) and a 52 week high of GBX 2,707.50 ($35.15). The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70.

BHP Group Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, October 3rd. Stockholders of record on Thursday, September 12th were issued a $0.74 dividend. This is a positive change from BHP Group's previous dividend of $0.72. The ex-dividend date of this dividend was Thursday, September 12th. This represents a dividend yield of 2.7%. BHP Group's payout ratio is 9,495.80%.

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