BHP Group (NYSE:BHP) was downgraded by analysts at Goldman Sachs Group from a “buy” rating to a “neutral” rating in a report released on Monday, The Fly reports.
A number of other equities analysts have also weighed in on the stock. Deutsche Bank lowered shares of BHP Group from a “hold” rating to a “sell” rating in a research report on Tuesday, January 8th. JPMorgan Chase & Co. lowered shares of BHP Group from an “overweight” rating to a “neutral” rating in a research report on Thursday, December 6th. Jefferies Financial Group raised shares of BHP Group from a “hold” rating to a “buy” rating in a research report on Monday, January 28th. ValuEngine raised shares of BHP Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, Sanford C. Bernstein raised shares of BHP Group to a “buy” rating in a research report on Thursday, December 20th. Three analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $48.25.
Shares of NYSE:BHP traded up $0.20 during trading on Monday, reaching $50.90. The stock had a trading volume of 2,154,200 shares, compared to its average volume of 2,486,800. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.51 and a quick ratio of 2.24. The firm has a market cap of $81.55 billion, a PE ratio of 15.15, a P/E/G ratio of 2.62 and a beta of 0.82. BHP Group has a fifty-two week low of $43.10 and a fifty-two week high of $52.62.
BHP Group Company Profile
BHP Group Limited discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.
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