Deutsche Bank Aktiengesellschaft Has Lowered Expectations for BHP Group (LON:BHP) Stock Price

BHP Group (LON:BHP - Get Free Report) had its price objective decreased by Deutsche Bank Aktiengesellschaft from GBX 1,950 ($26.63) to GBX 1,900 ($25.95) in a research report issued to clients and investors on Wednesday, Marketbeat Ratings reports. The firm presently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's price objective indicates a potential upside of 3.23% from the company's previous close.

BHP Group Stock Down 0.3%

BHP traded down GBX 5.50 ($0.08) during trading on Wednesday, hitting GBX 1,840.50 ($25.13). The company had a trading volume of 442,509 shares, compared to its average volume of 1,445,700. The company has a market cap of £117.49 billion, a PE ratio of 14.90, a P/E/G ratio of -0.78 and a beta of 0.84. The business has a 50-day moving average of GBX 1,818.15 and a 200-day moving average of GBX 1,887.02. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. BHP Group has a 1-year low of GBX 1,559.50 ($21.30) and a 1-year high of GBX 2,382 ($32.53).

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.