BHP Group (LON:BHP) Earns “Hold” Rating from Berenberg Bank

Berenberg Bank restated their hold rating on shares of BHP Group (LON:BHPFree Report) in a research report sent to investors on Wednesday, MarketBeat.com reports. Berenberg Bank currently has a GBX 2,100 ($26.74) target price on the stock.

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

View Our Latest Stock Analysis on BHP Group

BHP Group Stock Up 0.0 %

Shares of BHP stock opened at GBX 2,235 ($28.46) on Wednesday. The stock has a market cap of £113.31 billion, a P/E ratio of 1,960.53, a price-to-earnings-growth ratio of -0.78 and a beta of 0.86. 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 stock has a fifty day moving average price of GBX 2,311.42 and a 200 day moving average price of GBX 2,373.86. 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 Company Profile

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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.

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Analyst Recommendations for BHP Group (LON:BHP)

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