BHP Group (BHP) Given a GBX 1,940 Price Target by JPMorgan Chase & Co. Analysts

BHP Group (LON:BHP) received a GBX 1,940 ($25.35) price objective from stock analysts at JPMorgan Chase & Co. in a research note issued on Friday, March 29th, Borsen Zeitung reports. The brokerage presently has a “sell” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential upside of 3.78% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a GBX 1,525 ($19.93) target price on shares of BHP Group in a report on Tuesday, January 22nd. Liberum Capital reaffirmed a “sell” rating on shares of BHP Group in a report on Tuesday, January 15th. Goldman Sachs Group reaffirmed a “buy” rating on shares of BHP Group in a report on Friday, January 18th. Barclays lifted their target price on BHP Group from GBX 2,100 ($27.44) to GBX 2,150 ($28.09) and gave the stock an “overweight” rating in a report on Thursday, January 10th. Finally, Deutsche Bank cut BHP Group to a “sell” rating and reduced their target price for the stock from GBX 1,820 ($23.78) to GBX 1,550 ($20.25) in a report on Wednesday, January 9th. Three equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. BHP Group has an average rating of “Hold” and an average price target of GBX 1,775.31 ($23.20).

Shares of BHP stock traded up GBX 8.40 ($0.11) during trading hours on Friday, hitting GBX 1,869.40 ($24.43). The stock had a trading volume of 5,128,644 shares. BHP Group has a one year low of GBX 1,486.60 ($19.43) and a one year high of GBX 1,955.40 ($25.55). The company has a current ratio of 2.55, a quick ratio of 2.13 and a debt-to-equity ratio of 48.30. The stock has a market capitalization of $39.48 billion and a price-to-earnings ratio of 18.26.

About BHP Group

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Analyst Recommendations for BHP Group (LON:BHP)

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