BHP Group (LON:BHP) Earns Hold Rating from Jefferies Financial Group

BHP Group (LON:BHP)‘s stock had its “hold” rating reiterated by analysts at Jefferies Financial Group in a report issued on Monday,Digital Look reports. They currently have a GBX 3,350 price objective on the stock. Jefferies Financial Group’s target price points to a potential upside of 7.37% from the stock’s previous close.

A number of other analysts also recently weighed in on BHP. Berenberg Bank reissued a “hold” rating and set a GBX 2,500 target price on shares of BHP Group in a research report on Thursday, April 23rd. JPMorgan Chase & Co. upgraded shares of BHP Group to a “neutral” rating and boosted their price target for the stock from GBX 2,600 to GBX 3,400 in a research report on Tuesday, May 26th. Finally, Citigroup upped their price objective on shares of BHP Group from £290 to £350 and gave the company a “neutral” rating in a research note on Monday, June 8th. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of GBX 9,230.

BHP Group Price Performance

BHP Group stock opened at GBX 3,120 on Monday. The stock’s 50 day moving average is GBX 3,162.53 and its 200 day moving average is GBX 2,802.78. The company has a debt-to-equity ratio of 62.55, a current ratio of 1.65 and a quick ratio of 1.37. The firm has a market cap of £158.52 billion, a P/E ratio of 15.50, a P/E/G ratio of -0.78 and a beta of 0.83. BHP Group has a one year low of GBX 1,769.23 and a one year high of GBX 3,495.

BHP Group Company Profile

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle. We aim to do this through owning a portfolio of world class assets with exposure to highly attractive commodities that benefit from the mega-trends playing out in the world around us, by operating them exceptionally well, by maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.

We are a global business with over 9,000 suppliers around the world, many of which are small to medium-sized businesses that are local to our assets.