BHP Group Limited (LON:BHP) Receives Consensus Recommendation of "Hold" from Brokerages

BHP Group Limited (LON:BHP - Get Free Report) has been given a consensus recommendation of "Hold" by the seven brokerages that are covering the stock, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 2,367.50 ($29.74).

Several equities research analysts recently issued reports on the company. JPMorgan Chase & Co. reissued a "neutral" rating on shares of BHP Group in a research report on Tuesday, April 9th. Royal Bank of Canada reissued a "sector perform" rating on shares of BHP Group in a research report on Wednesday, February 21st. Citigroup reissued an "equal weight" rating and set a GBX 2,610 ($32.78) price target on shares of BHP Group in a research report on Tuesday, February 20th. Barclays dropped their price target on BHP Group from GBX 2,610 ($32.78) to GBX 2,520 ($31.65) and set an "equal weight" rating on the stock in a research report on Thursday, February 29th. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 2,700 ($33.92) price target on shares of BHP Group in a research report on Thursday, April 18th.

BHP Group Stock Down 0.7 %

Shares of BHP Group stock traded down GBX 16 ($0.20) on Wednesday, hitting GBX 2,207 ($27.72). 533,964 shares of the company's stock traded hands, compared to its average volume of 1,120,738. The stock has a market cap of £111.67 billion, a P/E ratio of 1,902.59, a PEG ratio of -0.78 and a beta of 0.86. The company has a quick ratio of 1.37, a current ratio of 1.57 and a debt-to-equity ratio of 52.52. The firm's 50-day moving average is GBX 2,284.33 and its 200 day moving average is GBX 2,391.06. BHP Group has a 52-week low of GBX 2,157 ($27.09) and a 52-week high of GBX 2,707.50 ($34.01).

BHP Group Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were given a $0.72 dividend. This represents a yield of 2.41%. The ex-dividend date of this dividend was Thursday, March 7th. BHP Group's dividend payout ratio is presently 10,344.83%.

BHP Group Company Profile

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.