BHP Group Limited (LON:BHP) Given Consensus Recommendation of “Hold” by Brokerages

Shares of BHP Group Limited (LON:BHP) have been given a consensus recommendation of “Hold” by the six research firms that are covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 2,713.33 ($34.48).

BHP has been the subject of a number of recent research reports. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 18th. Berenberg Bank reiterated a “hold” rating and set a GBX 1,900 ($24.15) price objective on shares of BHP Group in a research note on Tuesday, February 18th.

BHP Group Stock Performance

LON BHP opened at GBX 1,913 ($24.31) on Tuesday. The stock has a 50-day simple moving average of GBX 2,005.62 and a two-hundred day simple moving average of GBX 2,070.57. The firm has a market capitalization of £122.11 billion, a P/E ratio of 15.48, a PEG ratio of -0.78 and a beta of 0.84. BHP Group has a fifty-two week low of GBX 1,911 ($24.29) and a fifty-two week high of GBX 2,613.72 ($33.22). The company has a debt-to-equity ratio of 45.03, a quick ratio of 1.37 and a current ratio of 1.70.

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.