BHP Group (LON:BHP - Get Free Report)'s stock had its "hold" rating reaffirmed by Berenberg Bank in a research note issued to investors on Wednesday,Digital Look reports. They presently have a GBX 3,400 target price on the stock. Berenberg Bank's target price indicates a potential upside of 2.53% from the company's current price.
Several other research firms have also issued reports on BHP. Royal Bank Of Canada reissued a "sector perform" rating and issued a GBX 2,900 price target on shares of BHP Group in a research report on Monday. Jefferies Financial Group reiterated a "hold" rating and issued a GBX 3,350 price objective on shares of BHP Group in a research note on Tuesday. JPMorgan Chase & Co. lowered their target price on shares of BHP Group from GBX 3,400 to GBX 3,000 and set a "neutral" rating on the stock in a report on Friday, July 10th. Finally, Citigroup increased their target price on BHP Group from £290 to £350 and gave the stock a "neutral" rating in a research report on Monday, June 8th. Six equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of GBX 8,391.67.
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BHP Group Price Performance
LON BHP opened at GBX 3,316 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.65 and a debt-to-equity ratio of 62.55. The company has a market cap of £168.48 billion, a PE ratio of 16.47, a price-to-earnings-growth ratio of -0.78 and a beta of 0.84. BHP Group has a 52 week low of GBX 1,918 and a 52 week high of GBX 3,495. The firm's 50-day simple moving average is GBX 3,171.34 and its two-hundred day simple moving average is GBX 2,985.59.
Key Headlines Impacting BHP Group
Here are the key news stories impacting BHP Group this week:
- Positive Sentiment: Stronger profit and dividends: BHP reported a substantial increase in annual profit for the year ended June 30, 2026, with higher metal prices supporting results. The company also increased its dividend, while stronger asset backing improved the overall investment case. BHP profit jumps on metal prices BHP boosts profit, dividends as asset backing strengthens in FY2026
- Positive Sentiment: Copper remains the key growth driver: Coverage highlighted record or elevated copper prices and strong demand for copper and iron ore. BHP’s increasing focus on copper is favorable because the metal is linked to electrification and energy-transition demand. BHP Rides High On Strong Demand For Copper And Iron Ore
- Neutral Sentiment: Mixed broker outlook: Jefferies reaffirmed a “hold” rating with a GBX 3,350 target, close to the current trading level. RBC maintained “sector perform” but set a lower GBX 2,900 target, suggesting limited upside under its assumptions. Broker views
- Negative Sentiment: Limited analyst enthusiasm: BHP entered its earnings release with one of the lowest proportions of “buy” ratings in its history. That cautious positioning could restrain further gains if commodity prices or future earnings guidance disappoint. BHP Heads Into Earnings With Least Amount of Buy Ratings Ever
About BHP Group
(
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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. We aim to do this through owning a portfolio of world class assets with exposure to highly attractive commodities that benefit from the mega-trends playing out in the world around us, by operating them exceptionally well, by maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.
We are a global business with over 9,000 suppliers around the world, many of which are small to medium-sized businesses that are local to our assets.
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