Brokerages Set BHP Group Limited (LON:BHP) PT at GBX 2,700

Shares of BHP Group Limited (LON:BHP) have earned a consensus rating of “Hold” from the seven brokerages that are currently covering the firm, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have covered the stock in the last year is GBX 2,700 ($33.37).

Several research firms recently commented on BHP. JPMorgan Chase & Co. boosted their price objective on shares of BHP Group from GBX 2,490 ($30.78) to GBX 2,580 ($31.89) and gave the company a “neutral” rating in a research report on Friday, December 6th. Berenberg Bank restated a “hold” rating and issued a GBX 2,000 ($24.72) price target on shares of BHP Group in a report on Tuesday, November 19th.

BHP Group Stock Performance

Shares of BHP opened at GBX 1,965.50 ($24.30) on Monday. The firm’s 50 day moving average price is GBX 2,053.57 and its two-hundred day moving average price is GBX 2,125.27. The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70. BHP Group has a twelve month low of GBX 1,927.50 ($23.83) and a twelve month high of GBX 2,613.72 ($32.31). The firm has a market cap of £99.65 billion, a P/E ratio of 1,651.68, a PEG ratio of -0.78 and a beta of 0.84.

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.