Brokerages Set BHP Group Limited (LON:BHP) Target Price at GBX 2,367.50

BHP Group Limited (LON:BHP) has been given a consensus recommendation of “Hold” by the seven research firms that are currently covering the stock, MarketBeat reports. Six analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 2,367.50 ($29.74).

BHP has been the topic of several research analyst reports. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,700 ($33.92) target price on shares of BHP Group in a research note on Thursday, April 18th. JPMorgan Chase & Co. restated a “neutral” rating on shares of BHP Group in a report on Tuesday, April 9th. Royal Bank of Canada reiterated a “sector perform” rating on shares of BHP Group in a research report on Wednesday, February 21st. Citigroup reissued an “equal weight” rating and issued a GBX 2,610 ($32.78) price target on shares of BHP Group in a research note on Tuesday, February 20th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 2,100 ($26.38) target price on shares of BHP Group in a report on Friday, April 26th.

BHP Group Price Performance

BHP stock opened at GBX 2,241 ($28.15) on Wednesday. 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 £113.39 billion, a P/E ratio of 1,931.90, a P/E/G ratio of -0.78 and a beta of 0.86. The firm’s fifty day moving average is GBX 2,282.97 and its 200 day moving average is GBX 2,389.95. BHP Group has a 52 week low of GBX 2,157 ($27.09) and a 52 week high of GBX 2,707.50 ($34.01).

BHP Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were issued a $0.72 dividend. This represents a yield of 2.41%. The ex-dividend date of this dividend was Thursday, March 7th. BHP Group’s dividend payout ratio (DPR) is 10,344.83%.

About BHP Group

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.