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

Berenberg Bank reaffirmed their hold rating on shares of BHP Group (LON:BHP) in a research note released on Tuesday, MarketBeat reports. Berenberg Bank currently has a GBX 1,900 ($23.97) price target on the stock.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a research report on Tuesday. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of GBX 2,685.71 ($33.88).

BHP Group Stock Down 1.5 %

Shares of BHP traded down GBX 31 ($0.39) on Tuesday, hitting GBX 2,034 ($25.66). The company’s stock had a trading volume of 1,260,721 shares, compared to its average volume of 1,950,686. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.03. The firm has a market capitalization of £129.84 billion, a price-to-earnings ratio of 16.46, a P/E/G ratio of -0.78 and a beta of 0.84. The firm’s fifty day moving average price is GBX 2,007.49 and its 200-day moving average price is GBX 2,078.28. BHP Group has a fifty-two week low of GBX 1,927.50 ($24.32) and a fifty-two week high of GBX 2,613.72 ($32.97).

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.