BHP Group (LON:BHP) Given Hold Rating at Berenberg Bank

Berenberg Bank reiterated their hold rating on shares of BHP Group (LON:BHP) in a research note issued to investors on Wednesday morning, MarketBeat.com reports. They currently have a GBX 2,100 ($26.74) price objective on the stock.

A number of other research firms also recently issued reports on BHP. Royal Bank of Canada restated a sector perform rating on shares of BHP Group in a research note on Wednesday, February 21st. JPMorgan Chase & Co. restated a neutral rating on shares of BHP Group in a research report on Tuesday, April 9th. Jefferies Financial Group reiterated a buy rating and issued a GBX 2,700 ($34.38) price target on shares of BHP Group in a research report on Thursday, April 18th. Citigroup initiated coverage on shares of BHP Group in a research report on Friday, May 31st. They set a buy rating and a GBX 2,600 ($33.11) price objective for the company. Finally, Barclays decreased their target price on BHP Group from GBX 2,610 ($33.24) to GBX 2,520 ($32.09) and set an equal weight rating on the stock in a report on Thursday, February 29th. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, BHP Group currently has an average rating of Hold and a consensus price target of GBX 2,366.25 ($30.13).

BHP Group Stock Performance

Shares of BHP opened at GBX 2,235 ($28.46) on Wednesday. The firm has a market capitalization of £113.31 billion, a P/E ratio of 1,960.53, a PEG ratio of -0.78 and a beta of 0.86. The company has a debt-to-equity ratio of 52.52, a current ratio of 1.57 and a quick ratio of 1.37. BHP Group has a one year low of GBX 2,157 ($27.47) and a one year high of GBX 2,707.50 ($34.48). The business has a fifty day moving average of GBX 2,311.42 and a 200 day moving average of GBX 2,373.49.

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.