BHP Group (LON:BHP) PT Lowered to GBX 2,100 at Deutsche Bank Aktiengesellschaft

BHP Group (LON:BHP - Get Free Report) had its target price cut by research analysts at Deutsche Bank Aktiengesellschaft from GBX 2,250 ($29.42) to GBX 2,100 ($27.46) in a research note issued on Monday, Marketbeat reports. The brokerage presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price indicates a potential upside of 6.60% from the stock's current price.

BHP has been the subject of a number of other reports. Royal Bank of Canada boosted their price objective on shares of BHP Group from GBX 4,400 ($57.54) to GBX 4,500 ($58.85) and gave the stock a "sector perform" rating in a report on Thursday, July 18th. JPMorgan Chase & Co. lowered their price objective on shares of BHP Group from GBX 2,720 ($35.57) to GBX 2,650 ($34.65) and set a "neutral" rating for the company in a report on Thursday, July 18th. Citigroup restated a "buy" rating and issued a GBX 2,500 ($32.69) price objective on shares of BHP Group in a report on Thursday, July 18th. Finally, Berenberg Bank restated a "hold" rating and issued a GBX 2,000 ($26.15) price objective on shares of BHP Group in a report on Wednesday, August 28th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, BHP Group currently has an average rating of "Hold" and an average target price of GBX 2,710 ($35.44).

BHP Group Price Performance

BHP stock traded down GBX 6.50 ($0.09) during midday trading on Monday, reaching GBX 1,970 ($25.76). The company had a trading volume of 1,493,431 shares, compared to its average volume of 2,530,241. 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 has a 1 year low of GBX 1,941.10 ($25.38) and a 1 year high of GBX 2,707.50 ($35.41). The company has a market capitalization of £99.88 billion, a P/E ratio of 1,656.36, a P/E/G ratio of -0.78 and a beta of 0.84. The firm has a 50-day moving average price of GBX 2,138.40 and a 200-day moving average price of GBX 2,234.56.

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