BHP Group (LON:BHP) Stock Rating Lowered by Liberum Capital

BHP Group (LON:BHP) was downgraded by equities researchers at Liberum Capital to a “sell” rating in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research analysts also recently commented on BHP. Bank of America reiterated an “underperform” rating on shares of BHP Group in a research note on Tuesday. UBS Group reiterated a “neutral” rating on shares of BHP Group in a research note on Tuesday. Goldman Sachs Group reduced their price objective on shares of BHP Group from GBX 2,100 ($27.44) to GBX 1,900 ($24.83) and set a “neutral” rating on the stock in a research note on Tuesday. Independent Research set a GBX 1,925 ($25.15) price objective on shares of BHP Group and gave the company a “neutral” rating in a research note on Tuesday, August 27th. Finally, HSBC reduced their price objective on shares of BHP Group from GBX 1,995 ($26.07) to GBX 1,860 ($24.30) and set a “hold” rating on the stock in a research note on Tuesday. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and four have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,798.85 ($23.51).

LON BHP opened at GBX 1,602.60 ($20.94) on Tuesday. BHP Group has a 12 month low of GBX 18.17 ($0.24) and a 12 month high of GBX 2,078.50 ($27.16). The company has a debt-to-equity ratio of 49.76, a current ratio of 1.89 and a quick ratio of 1.56. The company has a market capitalization of $33.85 billion and a price-to-earnings ratio of 10.02. The company’s fifty day moving average price is GBX 1,725.74 and its two-hundred day moving average price is GBX 1,835.82.

In other BHP Group news, insider Susan Kilsby purchased 2,900 shares of BHP Group stock in a transaction dated Friday, August 23rd. The shares were bought at an average cost of GBX 1,713 ($22.38) per share, for a total transaction of £49,677 ($64,911.80).

About BHP Group

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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