BHP Group PLC (LON:BHP) Receives Average Rating of “Hold” from Brokerages

Shares of BHP Group PLC (LON:BHP) have been assigned an average rating of “Hold” from the seventeen research firms that are presently covering the stock, reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is GBX 1,805.50 ($22.22).

Several research firms recently commented on BHP. Societe Generale restated a “buy” rating and issued a GBX 1,580 ($19.44) price target (down previously from GBX 1,680 ($20.67)) on shares of BHP Group in a report on Thursday, April 23rd. Citigroup reaffirmed a “buy” rating on shares of BHP Group in a research report on Thursday, June 18th. UBS Group raised their price target on shares of BHP Group from GBX 1,700 ($20.92) to GBX 1,850 ($22.77) and gave the stock a “buy” rating in a research report on Thursday, June 25th. Credit Suisse Group downgraded shares of BHP Group to a “neutral” rating and decreased their price target for the stock from GBX 1,500 ($18.46) to GBX 1,450 ($17.84) in a research report on Monday, July 6th. Finally, Deutsche Bank restated a “hold” rating on shares of BHP Group in a research note on Wednesday, July 22nd.

Shares of BHP stock traded down GBX 17.60 ($0.22) during trading hours on Tuesday, hitting GBX 1,655 ($20.37). 3,695,135 shares of the company were exchanged. The firm has a market cap of $34.95 billion and a PE ratio of 8.92. BHP Group has a 1 year low of GBX 16.29 ($0.20) and a 1 year high of £1,585 ($1,950.53). The company has a quick ratio of 1.31, a current ratio of 1.62 and a debt-to-equity ratio of 52.94. The firm has a fifty day moving average of GBX 1,680.89 and a 200 day moving average of GBX 1,522.42.

About BHP Group

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Analyst Recommendations for BHP Group (LON:BHP)

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