UBS Group Reiterates “Neutral” Rating for BHP Group (LON:BHP)
BHP Group (LON:BHP)‘s stock had its “neutral” rating restated by UBS Group in a report released on Wednesday, ThisIsMoney.Co.Uk reports.
A number of other equities research analysts have also recently issued reports on BHP. Barclays decreased their target price on BHP Group from GBX 1,950 ($25.65) to GBX 1,550 ($20.39) and set an “overweight” rating for the company in a research report on Thursday, April 16th. Credit Suisse Group raised BHP Group from a “neutral” rating to an “outperform” rating and decreased their target price for the stock from GBX 1,900 ($24.99) to GBX 1,600 ($21.05) in a research report on Tuesday, April 7th. BMO Capital Markets reissued a “market perform” rating on shares of BHP Group in a research report on Thursday, January 23rd. DZ Bank increased their price objective on BHP Group from GBX 1,720 ($22.63) to GBX 1,800 ($23.68) and gave the company a “hold” rating in a research report on Thursday, January 23rd. Finally, Citigroup raised BHP Group to a “buy” rating in a research report on Wednesday, March 18th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,622.50 ($21.34).
BHP Group stock traded down GBX 16.80 ($0.22) during trading hours on Wednesday, reaching GBX 1,287.20 ($16.93). 5,508,187 shares of the company were exchanged. The firm has a market cap of $27.47 billion and a price-to-earnings ratio of 6.94. 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 stock has a 50-day moving average of GBX 1,227.09 and a 200 day moving average of GBX 1,586.37. BHP Group has a 12 month low of GBX 939.80 ($12.36) and a 12 month high of GBX 2,078.50 ($27.34).
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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