BHP Group (LON:BHP) Downgraded to "Sell" Rating by Berenberg Bank

BHP Group (LON:BHP - Get Free Report) was downgraded by stock analysts at Berenberg Bank from a "hold" rating to a "sell" rating in a report released on Wednesday, July 23rd, MarketBeat reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 1,900 ($25.19) price objective on shares of BHP Group in a report on Monday, July 21st.

BHP Group Trading Down 2.9%

BHP stock opened at GBX 1,885 ($24.99) on Wednesday. The company has a debt-to-equity ratio of 45.03, a quick ratio of 1.37 and a current ratio of 1.70. The company's 50-day simple moving average is GBX 1,843.01 and its 200 day simple moving average is GBX 1,881.74. BHP Group has a 52 week low of GBX 1,559.50 ($20.68) and a 52 week high of GBX 2,382 ($31.58). The company has a market capitalization of £120.33 billion, a PE ratio of 15.26, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84.

About BHP Group

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition. A resources mix for today and for the future. Our strategy is to deliver long-term value and returns through the cycle.