BHP Group (LON:BHP) Given “Sell” Rating at Berenberg Bank

Berenberg Bank reiterated their sell rating on shares of BHP Group (LON:BHP) in a report issued on Tuesday morning, Marketbeat.com reports. They currently have a GBX 2,000 price objective on the stock.

Separately, JPMorgan Chase & Co. lifted their price target on shares of BHP Group from GBX 2,300 to GBX 2,400 and gave the stock a “neutral” rating in a research note on Wednesday. Two investment analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of GBX 2,100.

BHP Group Stock Performance

Shares of LON:BHP traded up GBX 87 during trading on Tuesday, hitting GBX 2,457. The company’s stock had a trading volume of 92,927,727 shares, compared to its average volume of 7,907,321. The company has a 50-day moving average of GBX 2,220.57 and a 200-day moving average of GBX 2,088.67. BHP Group has a 12 month low of GBX 1,559.50 and a 12 month high of GBX 2,482. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. The firm has a market cap of £124.77 billion, a price-to-earnings ratio of 13.85, a P/E/G ratio of -0.78 and a beta of 0.84.

BHP Group News Roundup

Here are the key news stories impacting BHP Group this week:

• Positive Sentiment: Record iron‑ore production and shipments for the first half, supporting near‑term volume and cash generation. BHP 1H Iron Ore Production, Shipments at Record High — Commodity Comment
• Positive Sentiment: BHP raised copper guidance after operational results, which investors view as a higher‑margin growth offset to weakness in other commodities. BHP Confirms Higher Potash Costs, Boosts Copper Guidance
• Positive Sentiment: Chile may get a mining minister who is a former BHP executive — a development that could ease regulatory relations in a key mining jurisdiction. Former BHP executive to be appointed Chile’s mining minister
• Negative Sentiment: Major cost blowout at the Jansen Stage‑1 potash project is overshadowing the iron‑ore beat and raising questions about capital discipline and future cash returns. BHP’s potash blowout overshadows Australia iron ore record
• Negative Sentiment: BHP confirmed higher potash costs in its Jansen update, which will pressure project economics and near‑term capital spend. BHP GROUP LIMITED – Update – Jansen Stage 1 Potash Project
• Negative Sentiment: Company flagged potential price concessions as China demand/pricing weakens — a margin risk for iron ore despite higher volumes. BHP reports record HY iron ore production, flags price concessions
• Negative Sentiment: Reporting of a China dispute hit and multibillion‑dollar cost increases on a Canadian project heightens execution risk and uncertainty around future capital allocation. BHP reveals China dispute hit as Canadian project costs soar by billions

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.