BHP Group's (BHP) "Neutral" Rating Reaffirmed at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of BHP Group (LON:BHP - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat.com reports.

Several other research firms also recently commented on BHP. Barclays decreased their target price on shares of BHP Group from GBX 2,610 ($33.03) to GBX 2,520 ($31.89) and set an equal weight rating for the company in a research report on Thursday, February 29th. Royal Bank of Canada reissued a sector perform rating on shares of BHP Group in a research report on Wednesday, February 21st. Citigroup restated an equal weight rating and issued a GBX 2,610 ($33.03) price objective on shares of BHP Group in a research note on Tuesday, February 20th. Finally, Berenberg Bank reduced their price objective on shares of BHP Group from GBX 2,200 ($27.84) to GBX 2,100 ($26.58) and set a hold rating for the company in a research note on Tuesday, March 26th. Six equities research analysts have rated the stock with a hold rating, Based on data from MarketBeat, the company presently has a consensus rating of Hold and an average price target of GBX 2,320 ($29.36).

BHP Group Stock Up 0.9 %

BHP stock traded up GBX 20 ($0.25) during trading hours on Tuesday, hitting GBX 2,369 ($29.98). The company's stock had a trading volume of 4,163,393 shares, compared to its average volume of 1,055,316. 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 company has a market capitalization of £119.87 billion, a PE ratio of 2,060.00, a price-to-earnings-growth ratio of -0.78 and a beta of 0.85. BHP Group has a 12 month low of GBX 2,157 ($27.30) and a 12 month high of GBX 2,707.50 ($34.27). The stock has a 50 day moving average price of GBX 2,301.65 and a two-hundred day moving average price of GBX 2,390.19.

BHP Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were paid a $0.72 dividend. This represents a dividend yield of 2.41%. The ex-dividend date was Thursday, March 7th. BHP Group's payout ratio is 10,434.78%.

About BHP Group

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.