BHP Group (LON:BHP) Receives “Neutral” Rating from JPMorgan Chase & Co.

BHP Group (LON:BHP)‘s stock had its “neutral” rating reiterated by investment analysts at JPMorgan Chase & Co. in a research note issued on Tuesday,Digital Look reports.

Separately, Berenberg Bank reissued a “hold” rating and set a GBX 1,900 ($23.97) target price on shares of BHP Group in a report on Thursday, January 23rd. Five analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 2,685.71 ($33.88).

BHP Group Stock Performance

Shares of BHP traded down GBX 23 ($0.29) during trading hours on Tuesday, hitting GBX 2,065 ($26.05). The company’s stock had a trading volume of 1,119,965 shares, compared to its average volume of 1,972,121. The company has a market cap of £131.82 billion, a price-to-earnings ratio of 16.71, a PEG ratio of -0.78 and a beta of 0.84. The company has a debt-to-equity ratio of 45.03, a current ratio of 1.70 and a quick ratio of 1.37. The business has a 50 day simple moving average of GBX 2,007.12 and a two-hundred day simple moving average of GBX 2,079.05. BHP Group has a 52-week low of GBX 1,927.50 ($24.32) and a 52-week high of GBX 2,613.72 ($32.98).

BHP Group Company Profile

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.