BHP Group (BHP) Receives Buy Rating from UBS Group
BHP Group (LON:BHP)‘s stock had its “buy” rating reaffirmed by equities research analysts at UBS Group in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.
A number of other equities analysts have also commented on BHP. Oddo Securities started coverage on BHP Group in a research note on Wednesday, January 23rd. They issued a “buy” rating and a GBX 1,900 ($24.83) price objective on the stock. Goldman Sachs Group set a GBX 1,800 ($23.52) price objective on BHP Group and gave the stock a “neutral” rating in a research note on Tuesday, February 12th. Canaccord Genuity reaffirmed a “hold” rating and set a GBX 1,600 ($20.91) price target on shares of BHP Group in a research note on Tuesday, February 19th. Liberum Capital reaffirmed a “sell” rating and set a GBX 1,300 ($16.99) price target on shares of BHP Group in a research note on Thursday, February 28th. Finally, Royal Bank of Canada reaffirmed a “sector perform” rating and set a GBX 1,625 ($21.23) price target on shares of BHP Group in a research note on Monday, March 4th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of GBX 1,774.41 ($23.19).
BHP Group stock opened at GBX 1,800 ($23.52) on Thursday. The company has a current ratio of 2.55, a quick ratio of 2.13 and a debt-to-equity ratio of 48.30. The firm has a market capitalization of $38.02 billion and a price-to-earnings ratio of 17.58. BHP Group has a 52 week low of GBX 1,486.60 ($19.43) and a 52 week high of GBX 1,955.40 ($25.55).
BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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