BHP Group Limited (LON:BHP) Given Consensus Rating of “Hold” by Brokerages

BHP Group Limited (LON:BHP) has earned a consensus recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 12-month price objective among brokerages that have covered the stock in the last year is GBX 2,366.25 ($30.07).

A number of equities analysts have commented on the stock. Royal Bank of Canada reissued a “sector perform” rating on shares of BHP Group in a research note on Wednesday, February 21st. JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a research report on Tuesday, April 9th. Barclays dropped their price target on shares of BHP Group from GBX 2,610 ($33.16) to GBX 2,520 ($32.02) and set an “equal weight” rating for the company in a research report on Thursday, February 29th. Citigroup reissued a “buy” rating on shares of BHP Group in a research report on Monday. Finally, Berenberg Bank reissued a “hold” rating and set a GBX 2,100 ($26.68) price target on shares of BHP Group in a research report on Wednesday, June 12th.

BHP Group Price Performance

BHP stock opened at GBX 2,233 ($28.37) on Thursday. 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 ($27.41) and a one year high of GBX 2,707.50 ($34.40). The stock has a market cap of £113.21 billion, a PE ratio of 1,958.77, a P/E/G ratio of -0.78 and a beta of 0.86. The firm has a 50 day simple moving average of GBX 2,302.76 and a two-hundred day simple moving average of GBX 2,369.19.

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.