BHP Group (LON:BHP) Hits New 12-Month Low – Here’s What Happened

BHP Group Limited (LON:BHP)’s share price hit a new 52-week low during trading on Monday . The stock traded as low as GBX 1,840 ($23.79) and last traded at GBX 1,846.22 ($23.87), with a volume of 8745453 shares changing hands. The stock had previously closed at GBX 1,895 ($24.50).

Wall Street Analyst Weigh In

BHP has been the subject of a number of recent research reports. Berenberg Bank restated a “hold” rating and issued a GBX 1,900 ($24.56) target price on shares of BHP Group in a research report on Tuesday, February 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat.com, BHP Group has an average rating of “Hold” and an average price target of GBX 2,713.33 ($35.08).

BHP Group Trading Down 1.0 %

The firm’s 50 day moving average is GBX 1,972.24 and its 200 day moving average is GBX 2,045.41. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. The company has a market capitalization of £119.11 billion, a PE ratio of 15.10, a P/E/G ratio of -0.78 and a beta of 0.84.

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.