Brokerages Set BHP Group Limited (LON:BHP) Price Target at GBX 2,685.71

Shares of BHP Group Limited (LON:BHP) have been assigned a consensus recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 2,685.71 ($33.40).

BHP has been the subject of several recent research reports. Berenberg Bank reiterated a “hold” rating and set a GBX 1,900 ($23.63) price target on shares of BHP Group in a research report on Thursday, January 23rd. JPMorgan Chase & Co. boosted their target price on shares of BHP Group from GBX 2,490 ($30.97) to GBX 2,580 ($32.09) and gave the company a “neutral” rating in a research note on Friday, December 6th.

BHP Group Price Performance

Shares of BHP opened at GBX 2,053 ($25.53) on Friday. The company has a market capitalization of £104.09 billion, a P/E ratio of 1,725.21, a P/E/G ratio of -0.78 and a beta of 0.84. The business’s 50-day moving average is GBX 2,009.56 and its two-hundred day moving average is GBX 2,090.21. The company has a debt-to-equity ratio of 45.26, a quick ratio of 1.37 and a current ratio of 1.70. BHP Group has a fifty-two week low of GBX 1,927.50 ($23.97) and a fifty-two week high of GBX 2,613.72 ($32.50).

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.