BHP Group (LON:BHP) Given “Hold” Rating at Jefferies Financial Group

BHP Group (LON:BHP)‘s stock had its “hold” rating reissued by investment analysts at Jefferies Financial Group in a report released on Tuesday,Digital Look reports. They currently have a GBX 3,600 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 13.53% from the company’s current price.

Other equities research analysts have also issued research reports about the company. JPMorgan Chase & Co. upgraded BHP Group to a “neutral” rating and raised their price objective for the company from GBX 2,600 to GBX 3,400 in a research note on Tuesday, May 26th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 2,500 target price on shares of BHP Group in a research report on Thursday, April 23rd. Finally, Citigroup increased their target price on BHP Group from £290 to £350 and gave the company a “neutral” rating in a research note on Monday. Five investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of GBX 9,280.

BHP Group Stock Up 0.3%

Shares of LON BHP opened at GBX 3,171 on Tuesday. The company has a debt-to-equity ratio of 62.55, a quick ratio of 1.37 and a current ratio of 1.65. BHP Group has a 1 year low of GBX 1,686.50 and a 1 year high of GBX 3,477. The stock’s 50-day simple moving average is GBX 3,025.14 and its 200-day simple moving average is GBX 2,660. The firm has a market cap of £161.11 billion, a price-to-earnings ratio of 15.75, a PEG ratio of -0.78 and a beta of 0.80.

About BHP Group

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.