BHP Group (BHP) Given “Buy” Rating at UBS Group

BHP Group (LON:BHP)‘s stock had its “buy” rating reissued by equities researchers at UBS Group in a research report issued on Thursday, ThisIsMoney.Co.Uk reports.

Several other research analysts have also recently commented on BHP. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of BHP Group in a report on Friday, May 10th. Morgan Stanley reaffirmed an “equal weight” rating and set a GBX 1,760 ($23.00) target price on shares of BHP Group in a report on Wednesday, May 8th. Deutsche Bank reaffirmed a “sell” rating and set a GBX 1,650 ($21.56) target price on shares of BHP Group in a report on Friday, May 10th. HSBC raised their target price on shares of BHP Group from GBX 1,765 ($23.06) to GBX 1,940 ($25.35) and gave the stock a “hold” rating in a report on Tuesday, April 16th. Finally, Oddo Securities assumed coverage on shares of BHP Group in a research note on Wednesday, January 23rd. They issued a “buy” rating and a GBX 1,900 ($24.83) price objective on the stock. Three research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of GBX 1,774.41 ($23.19).

Shares of BHP opened at GBX 1,766 ($23.08) on Thursday. BHP Group has a 12 month low of GBX 1,486.60 ($19.43) and a 12 month high of GBX 1,955.40 ($25.55). The company has a market cap of $37.30 billion and a PE ratio of 17.25. The company has a current ratio of 2.55, a quick ratio of 2.13 and a debt-to-equity ratio of 48.30.

BHP Group Company Profile

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.

Read More: What is a trade deficit?

Analyst Recommendations for BHP Group (LON:BHP)

Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with's FREE daily email newsletter.