BHP Group (LON:BHP) PT Raised to GBX 4,500

BHP Group (LON:BHP) had its price objective boosted by Royal Bank of Canada from GBX 4,400 ($57.06) to GBX 4,500 ($58.36) in a research note issued to investors on Thursday, MarketBeat reports. They currently have a sector perform rating on the stock.

A number of other brokerages also recently weighed in on BHP. Jefferies Financial Group reissued a buy rating and set a GBX 2,700 ($35.01) price target on shares of BHP Group in a research report on Thursday, April 18th. Berenberg Bank lowered their price target on BHP Group from GBX 2,100 ($27.23) to GBX 2,000 ($25.94) and set a hold rating on the stock in a research report on Thursday, July 11th. Citigroup reissued a buy rating on shares of BHP Group in a research report on Monday, June 17th. Finally, JPMorgan Chase & Co. reduced their price objective on BHP Group from GBX 2,720 ($35.27) to GBX 2,650 ($34.37) and set a neutral rating for the company in a report on Thursday. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of Hold and a consensus target price of GBX 2,652.50 ($34.40).

BHP Group Price Performance

LON:BHP opened at GBX 2,150 ($27.88) on Thursday. 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 stock’s 50-day simple moving average is GBX 2,284.08 and its 200 day simple moving average is GBX 2,316.54. The company has a market cap of £109.01 billion, a P/E ratio of 1,885.96, a P/E/G ratio of -0.78 and a beta of 0.86. BHP Group has a 52-week low of GBX 2,124 ($27.55) and a 52-week high of GBX 2,707.50 ($35.11).

BHP Group Company Profile

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.