BHP Group PLC (LON:BHP) Receives Consensus Rating of “Hold” from Analysts

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 Company Profile

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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Analyst Recommendations for BHP Group (LON:BHP)

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