BHP Group PLC (LON:BHP) has been given a consensus recommendation of “Hold” by the seventeen brokerages that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and nine have assigned a buy rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 1,805.50 ($22.22).
BHP has been the topic of several research analyst reports. Citigroup reiterated a “buy” rating on shares of BHP Group in a research note on Thursday, June 18th. UBS Group boosted their price target on shares of BHP Group from GBX 1,700 ($20.92) to GBX 1,850 ($22.77) and gave the stock a “buy” rating in a research note on Thursday, June 25th. Royal Bank of Canada decreased their price target on shares of BHP Group from GBX 1,950 ($24.00) to GBX 1,900 ($23.38) and set an “outperform” rating on the stock in a research note on Friday, July 24th. Societe Generale restated a “buy” rating and issued a GBX 1,580 ($19.44) target price (down from GBX 1,680 ($20.67)) on shares of BHP Group in a report on Thursday, April 23rd. Finally, Barclays restated an “overweight” rating on shares of BHP Group in a report on Monday, July 27th.
Shares of BHP traded down GBX 17.60 ($0.22) during trading hours on Tuesday, reaching GBX 1,655 ($20.37). 3,695,135 shares of the stock traded hands. The company has a current ratio of 1.62, a quick ratio of 1.31 and a debt-to-equity ratio of 52.94. BHP Group has a 52-week low of GBX 16.29 ($0.20) and a 52-week high of £1,585 ($1,950.53). The company’s 50-day moving average price is GBX 1,680.89 and its two-hundred day moving average price is GBX 1,522.42. The company has a market cap of $34.95 billion and a P/E ratio of 8.92.
BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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