BHP Group (LON:BHP) Receives “Sector perform” Rating from Royal Bank Of Canada

BHP Group (LON:BHP)‘s stock had its “sector perform” rating restated by stock analysts at Royal Bank Of Canada in a report issued on Friday,Digital Look reports.

Other research analysts also recently issued reports about the company. Jefferies Financial Group reiterated a “hold” rating and set a GBX 3,350 target price on shares of BHP Group in a research report on Monday, July 6th. JPMorgan Chase & Co. reduced their price target 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. Berenberg Bank reaffirmed a “hold” rating and set a GBX 2,500 price target on shares of BHP Group in a research note on Thursday, April 23rd. Finally, Citigroup increased their price objective on shares of BHP Group from £290 to £350 and gave the company a “neutral” rating in a research report on Monday, June 8th. Six equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of GBX 9,150.

BHP Group Price Performance

Shares of BHP Group stock opened at GBX 2,984 on Friday. The firm has a market cap of £151.61 billion, a PE ratio of 14.82, a PEG ratio of -0.78 and a beta of 0.83. The stock has a 50 day moving average of GBX 3,179.46 and a 200 day moving average of GBX 2,854.32. The company has a current ratio of 1.65, a quick ratio of 1.37 and a debt-to-equity ratio of 62.55. BHP Group has a 12 month low of GBX 1,769.23 and a 12 month high of GBX 3,495.

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. 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.