BHP Group Limited – Consensus Indicates Potential 17.2% Upside

Broker Ratings

BHP Group Limited with ticker code (BHP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 81 and 72 with a mean TP of 77.23. With the stocks previous close at 65.87 this now indicates there is a potential upside of 17.2%. The 50 day moving average now sits at 70.62 and the 200 day moving average is 63.73. The company has a market cap of $238,337m. Company Website: https://www.bhp.com

The potential market cap would be $279,441m based on the market concensus.

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BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, rest of Asia, North America, South America, and internationally. It operates through Petroleum, Copper, Iron Ore, and Coal segments. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. It is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, the company provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. The company was founded in 1851 and is headquartered in Melbourne, Australia.

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