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 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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