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BHP Group (LON:BHP) Trading 0.3% Higher - What's Next?

BHP Group logo with Basic Materials background

BHP Group Limited (LON:BHP - Get Free Report)'s share price was up 0.3% during trading on Wednesday . The stock traded as high as GBX 1,843 ($24.28) and last traded at GBX 1,828 ($24.08). Approximately 768,421 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 1,563,876 shares. The stock had previously closed at GBX 1,822 ($24.01).

Wall Street Analysts Forecast Growth

BHP has been the topic of a number of research reports. Berenberg Bank reissued a "hold" rating and issued a GBX 1,900 ($25.03) price objective on shares of BHP Group in a research note on Tuesday, February 18th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of BHP Group in a report on Tuesday, February 18th. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of GBX 2,716 ($35.78).

Check Out Our Latest Report on BHP

BHP Group Stock Up 0.7%

The firm's 50 day moving average is GBX 1,817.53 and its 200-day moving average is GBX 1,964.23. The firm has a market cap of £121.79 billion, a PE ratio of 15.44, a P/E/G ratio of -0.78 and a beta of 0.84. The company has a quick ratio of 1.37, a current ratio of 1.70 and a debt-to-equity ratio of 45.03.

BHP Group Company Profile

(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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