BHP Group’s (BHP) “Buy” Rating Reaffirmed at Jefferies Financial Group

BHP Group (LON:BHP)‘s stock had its “buy” rating reiterated by analysts at Jefferies Financial Group in a report released on Thursday, Digital Look reports. They currently have a GBX 2,700 ($33.61) price target on the stock. Jefferies Financial Group’s target price points to a potential upside of 15.78% from the company’s current price.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Group in a report on Tuesday, April 9th. Citigroup reiterated an “equal weight” rating and set a GBX 2,610 ($32.49) price objective on shares of BHP Group in a report on Tuesday, February 20th. Barclays decreased their price objective on BHP Group from GBX 2,610 ($32.49) to GBX 2,520 ($31.37) and set an “equal weight” rating for the company in a report on Thursday, February 29th. Royal Bank of Canada reissued a “sector perform” rating on shares of BHP Group in a research report on Wednesday, February 21st. Finally, Berenberg Bank cut their target price on BHP Group from GBX 2,200 ($27.39) to GBX 2,100 ($26.14) and set a “hold” rating on the stock in a research report on Tuesday, March 26th. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, BHP Group presently has an average rating of “Hold” and a consensus price target of GBX 2,367.50 ($29.47).

BHP Group Stock Down 1.4 %

BHP Group stock traded down GBX 33 ($0.41) during mid-day trading on Thursday, reaching GBX 2,332 ($29.03). 4,844,844 shares of the company were exchanged, compared to its average volume of 1,162,893. The business has a fifty day moving average of GBX 2,296.71 and a 200 day moving average of GBX 2,391.55. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57. The firm has a market cap of £118.00 billion, a P/E ratio of 2,008.62, a PEG ratio of -0.78 and a beta of 0.86. BHP Group has a 12-month low of GBX 2,157 ($26.85) and a 12-month high of GBX 2,707.50 ($33.70).

BHP Group Company Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.