BHP Group (LON:BHP) Given New GBX 2,160 Price Target at JPMorgan Chase & Co.

BHP Group (LON:BHP) had its target price increased by JPMorgan Chase & Co. from GBX 2,130 to GBX 2,160 in a research report released on Wednesday morning, MarketBeat Ratings reports. The firm currently has a neutral rating on the stock.

BHP has been the topic of several other reports. Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,900 price target on shares of BHP Group in a research report on Monday, July 21st. Berenberg Bank cut BHP Group from a “hold” rating to a “sell” rating in a research note on Wednesday, July 23rd. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, BHP Group has an average rating of “Reduce” and an average price target of GBX 1,920.

BHP Group Stock Up 2.4%

BHP stock opened at GBX 2,057 on Wednesday. The stock has a fifty day moving average of GBX 1,890.31 and a 200-day moving average of GBX 1,876.66. The company has a market capitalization of £131.31 billion, a price-to-earnings ratio of 16.65, a PEG ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.03, a quick ratio of 1.37 and a current ratio of 1.70. BHP Group has a fifty-two week low of GBX 1,559.50 and a fifty-two week high of GBX 2,382.

About BHP Group

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.