BHP Group (LON:BHP) PT Lowered to GBX 1,200
BHP Group (LON:BHP) had its price target cut by equities researchers at Jefferies Financial Group from GBX 1,650 ($21.70) to GBX 1,200 ($15.79) in a report issued on Thursday, ThisIsMoney.Co.Uk reports. The brokerage currently has a “hold” rating on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 8.15% from the company’s current price.
Several other analysts also recently commented on BHP. DZ Bank increased their price objective on BHP Group from GBX 1,720 ($22.63) to GBX 1,800 ($23.68) and gave the stock a “hold” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. raised BHP Group to a “neutral” rating and increased their price objective for the stock from GBX 1,890 ($24.86) to GBX 1,900 ($24.99) in a research note on Thursday, March 5th. Goldman Sachs Group reissued a “neutral” rating on shares of BHP Group in a research note on Monday, February 17th. UBS Group reissued a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 18th. Finally, Citigroup raised BHP Group to a “buy” rating in a research note on Wednesday. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company’s stock. BHP Group currently has a consensus rating of “Hold” and a consensus price target of GBX 1,738.21 ($22.87).
Shares of BHP Group stock traded up GBX 34.20 ($0.45) on Thursday, hitting GBX 1,109.60 ($14.60). The company had a trading volume of 16,656,187 shares. The stock has a market capitalization of $21.97 billion and a price-to-earnings ratio of 5.98. BHP Group has a 1 year low of GBX 1,329 ($17.48) and a 1 year high of £1,585 ($2,084.98). The stock has a 50 day moving average of GBX 1,479.44 and a 200-day moving average of GBX 1,671.87. The company has a debt-to-equity ratio of 52.94, a quick ratio of 1.31 and a current ratio of 1.62.
BHP Group Company Profile
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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