JPMorgan Chase & Co. upgraded shares of BHP Group (NYSE:BBL) from an underweight rating to a neutral rating in a research note issued to investors on Friday morning, Briefing.com Automated Import reports.
A number of other equities analysts have also weighed in on the company. UBS Group lowered BHP Group from a buy rating to a neutral rating in a research report on Monday, April 22nd. Liberum Capital upgraded Rio Tinto from a sell rating to a buy rating in a research report on Friday, May 17th. Finally, Zacks Investment Research upgraded HB Fuller from a sell rating to a hold rating in a research report on Wednesday, July 3rd. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $54.00.
BHP Group stock opened at $50.41 on Friday. The stock has a market cap of $52.74 billion, a PE ratio of 15.00, a P/E/G ratio of 2.55 and a beta of 0.87. The company has a debt-to-equity ratio of 0.43, a quick ratio of 2.16 and a current ratio of 2.55. The firm’s 50 day simple moving average is $48.67. BHP Group has a 52 week low of $38.04 and a 52 week high of $51.87.
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.
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