BHP Group Limited – Consensus Indicates Potential 41.1% Upside

Broker Ratings

BHP Group Limited with ticker code (BHP) have now 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 82 and 71 and has a mean target at 77.23. With the stocks previous close at 54.75 this is indicating there is a potential upside of 41.1%. The 50 day MA is 66.33 and the 200 day moving average is 63.26. The company has a market capitalisation of $199,769m. You can visit the company’s website by visiting: https://www.bhp.com

The potential market cap would be $281,793m 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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