BHP Group Limited with ticker code (BHP) have now 4 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 83 and 64 with the average target price sitting at 70.88. Given that the stocks previous close was at 62.83 this would indicate that there is a potential upside of 12.8%. There is a 50 day moving average of 65.74 and the 200 moving average now moves to 57.93. The company has a market capitalisation of $224,317m. Visit the company website at: https://www.bhp.com
The potential market cap would be $253,057m 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, 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. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it 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.