BHP Group's (BHP) "Buy" Rating Reaffirmed at Jefferies Financial Group

BHP Group (LON:BHP - Get Free Report)'s stock had its "buy" rating reiterated by equities researchers at Jefferies Financial Group in a research report issued to clients and investors on Thursday, Marketbeat reports. They currently have a GBX 2,700 ($33.61) target price on the stock. Jefferies Financial Group's target price suggests a potential upside of 16.13% from the company's previous close.

A number of other equities analysts have also recently commented on BHP. Royal Bank of Canada reaffirmed a "sector perform" rating on shares of BHP Group in a report on Wednesday, February 21st. Berenberg Bank cut their target price on shares of BHP Group from GBX 2,200 ($27.39) to GBX 2,100 ($26.14) and set a "hold" rating on the stock in a report on Tuesday, March 26th. Citigroup reaffirmed an "equal weight" rating and issued a GBX 2,610 ($32.49) target price on shares of BHP Group in a report on Tuesday, February 20th. JPMorgan Chase & Co. restated a "neutral" rating on shares of BHP Group in a report on Tuesday, April 9th. Finally, Barclays reduced their target price on shares of BHP Group from GBX 2,610 ($32.49) to GBX 2,520 ($31.37) and set an "equal weight" rating on the stock in a report on Thursday, February 29th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of GBX 2,367.50 ($29.47).

BHP Group Stock Down 1.7 %

Shares of LON:BHP traded down GBX 40 ($0.50) during trading on Thursday, hitting GBX 2,325 ($28.94). 1,497,667 shares of the company were exchanged, compared to its average volume of 1,112,760. The firm's 50 day moving average price is GBX 2,296.71 and its 200-day moving average price is GBX 2,391.55. The stock has a market capitalization of £117.65 billion, a P/E ratio of 2,010.34, a PEG ratio of -0.78 and a beta of 0.86. BHP Group has a 12-month low of GBX 2,157 ($26.85) and a 12-month high of GBX 2,707.50 ($33.70). The company has a debt-to-equity ratio of 52.52, a current ratio of 1.57 and a quick ratio of 1.37.

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.