BHP Group (LON:BHP) Receives Buy Rating from Jefferies Financial Group

Jefferies Financial Group reissued their buy rating on shares of BHP Group (LON:BHPFree Report) in a research note released on Thursday, MarketBeat Ratings reports. Jefferies Financial Group currently has a GBX 2,700 ($33.61) price target on the stock.

Several other research firms have also commented on BHP. JPMorgan Chase & Co. restated a neutral rating on shares of BHP Group in a research report on Tuesday, April 9th. Royal Bank of Canada restated a sector perform rating on shares of BHP Group in a research report on Wednesday, February 21st. Citigroup restated an equal weight rating and set a GBX 2,610 ($32.49) price target on shares of BHP Group in a research report on Tuesday, February 20th. Berenberg Bank dropped their price target on shares of BHP Group from GBX 2,200 ($27.39) to GBX 2,100 ($26.14) and set a hold rating on the stock in a research report on Tuesday, March 26th. Finally, Barclays decreased their price objective on shares of BHP Group from GBX 2,610 ($32.49) to GBX 2,520 ($31.37) and set an equal weight rating on the stock in a report on Thursday, February 29th. Six analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, BHP Group presently has an average rating of Hold and an average price target of GBX 2,367.50 ($29.47).

Check Out Our Latest Research Report on BHP Group

BHP Group Stock Up 0.6 %

BHP stock opened at GBX 2,340 ($29.13) on Thursday. The firm has a market cap of £118.40 billion, a PE ratio of 2,017.24, a P/E/G ratio of -0.78 and a beta of 0.86. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57. The firm’s fifty day moving average is GBX 2,295.01 and its 200 day moving average is GBX 2,393. BHP Group has a one year low of GBX 2,157 ($26.85) and a one year high of GBX 2,707.50 ($33.70).

BHP Group Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were paid a $0.72 dividend. This represents a dividend yield of 2.41%. The ex-dividend date of this dividend was Thursday, March 7th. BHP Group’s dividend payout ratio is currently 10,344.83%.

BHP Group Company Profile

(Get Free Report)

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.

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Analyst Recommendations for BHP Group (LON:BHP)

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