Deutsche Bank upgraded shares of BHP Group (LON:BHP) to a buy rating in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports. Deutsche Bank currently has GBX 1,450 ($19.07) price objective on the stock, down from their previous price objective of GBX 1,750 ($23.02).

BHP has been the subject of several other research reports. Jefferies Financial Group decreased their target price on BHP Group from GBX 1,650 ($21.70) to GBX 1,200 ($15.79) and set a hold rating for the company in a research note on Thursday. BMO Capital Markets reaffirmed a market perform rating on shares of BHP Group in a research note on Thursday, January 23rd. HSBC decreased their target price on BHP Group from GBX 1,820 ($23.94) to GBX 1,780 ($23.41) and set a hold rating for the company in a research note on Thursday, December 19th. Societe Generale raised their target price on BHP Group from GBX 1,900 ($24.99) to GBX 1,980 ($26.05) and gave the stock a hold rating in a research note on Monday, December 16th. Finally, JPMorgan Chase & Co. raised BHP Group to a neutral rating and raised their target price for the stock from GBX 1,890 ($24.86) to GBX 1,900 ($24.99) in a research note on Thursday, March 5th. Two analysts have rated the stock with a sell rating, ten have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 1,738.21 ($22.87).

LON BHP traded up GBX 34.20 ($0.45) during trading hours on Friday, hitting GBX 1,109.60 ($14.60). 16,656,187 shares of the company’s stock were exchanged. The stock has a 50-day simple moving average of GBX 1,479.44 and a 200 day simple moving average of GBX 1,671.87. 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 firm has a market cap of $21.97 billion and a price-to-earnings ratio of 5.98. The company has a current ratio of 1.62, a quick ratio of 1.31 and a debt-to-equity ratio of 52.94.

The company also recently disclosed a dividend, which will be paid on Tuesday, March 24th. Shareholders of record on Thursday, March 5th will be paid a $0.65 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a yield of 2.96%. BHP Group’s dividend payout ratio (DPR) is presently 0.44%.

In other news, insider Susan Kilsby acquired 4,000 shares of BHP Group stock in a transaction on Thursday, February 20th. The stock was purchased at an average price 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.

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Analyst Recommendations for BHP Group (LON:BHP)

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