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.

In other BHP Group news, insider Susan Kilsby bought 4,000 shares of BHP Group stock in a transaction dated Thursday, February 20th. The stock was bought at an average cost of GBX 1,696 ($22.31) per share, with a total value of £67,840 ($89,239.67).

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.

Further Reading: How Important is Technical Analysis of Stocks

Analyst Recommendations for BHP Group (LON:BHP)

Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with's FREE daily email newsletter.