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

BHP Group logo with Basic Materials background

BHP Group (LON:BHP - Get Free Report) was downgraded by investment analysts at Berenberg Bank from a "hold" rating to a "sell" rating in a note issued to investors on Wednesday, Marketbeat reports.

Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 1,900 ($25.53) target price on shares of BHP Group in a research report on Monday, July 21st.

Get Our Latest Analysis on BHP Group

BHP Group Stock Performance

LON BHP opened at GBX 1,973 ($26.52) on Wednesday. The company has a market capitalization of £125.94 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. BHP Group has a 52-week low of GBX 1,559.50 ($20.96) and a 52-week high of GBX 2,382 ($32.01). 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 has a 50-day simple moving average of GBX 1,838.25 and a 200 day simple moving average of GBX 1,882.33.

About BHP Group

(Get Free Report)

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.

Further Reading

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