Brokerages Set BHP Group Limited (LON:BHP) Price Target at GBX 2,700

Shares of BHP Group Limited (LON:BHP) have been given a consensus rating of “Hold” by the seven research firms that are currently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 2,700 ($32.97).

A number of research firms have commented on BHP. JPMorgan Chase & Co. lifted their target price on shares of BHP Group from GBX 2,490 ($30.40) to GBX 2,580 ($31.50) and gave the stock a “neutral” rating in a report on Friday, December 6th. Berenberg Bank reaffirmed a “hold” rating and set a GBX 2,000 ($24.42) price objective on shares of BHP Group in a research note on Tuesday, November 19th.

BHP Group Stock Up 0.2 %

Shares of LON:BHP opened at GBX 1,988 ($24.27) on Monday. The company has a 50 day moving average of GBX 2,045.59 and a 200-day moving average of GBX 2,123.35. BHP Group has a one year low of GBX 1,927.50 ($23.53) and a one year high of GBX 2,613.72 ($31.91). The stock has a market cap of £100.79 billion, a price-to-earnings ratio of 1,670.59, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.26, a current ratio of 1.70 and a quick ratio of 1.37.

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.