BHP Group Limited (LON:BHP) Stock Has Average Target Price of GBX 3,166.67 According to Brokerages

Shares of BHP Group Limited (LON:BHP) have received an average rating of “Hold” from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold rating. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is GBX 3,166.67.

BHP has been the topic of several analyst reports. Citigroup lifted their target price on BHP Group from GBX 3,250 to GBX 3,350 and gave the company a “neutral” rating in a research note on Thursday, September 10th. Royal Bank Of Canada reissued a “sector perform” rating and issued a GBX 2,900 price objective on shares of BHP Group in a research report on Monday, August 17th. JPMorgan Chase & Co. cut their price objective on shares of BHP Group from GBX 3,400 to GBX 3,000 and set a “neutral” rating on the stock in a research report on Friday, July 10th. Jefferies Financial Group reissued a “hold” rating and set a GBX 3,350 price target on shares of BHP Group in a research report on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on BHP Group from GBX 3,050 to GBX 2,900 and set a “hold” rating on the stock in a research note on Wednesday, October 21st.

BHP Group Price Performance

Shares of BHP Group stock opened at GBX 2,993 on Monday. The stock has a market cap of £152.13 billion, a P/E ratio of 15.49, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 53.26, a quick ratio of 1.37 and a current ratio of 1.88. The stock’s fifty day moving average is GBX 3,179.98 and its 200 day moving average is GBX 3,037.93. BHP Group has a one year low of GBX 1,971 and a one year high of GBX 3,589.

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. We aim to do this through owning a portfolio of world class assets with exposure to highly attractive commodities that benefit from the mega-trends playing out in the world around us, by operating them exceptionally well, by maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.

We are a global business with over 9,000 suppliers around the world, many of which are small to medium-sized businesses that are local to our assets.