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.
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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