BHP Group Limited with ticker code (BHP) now have 2 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 59.81 and 42.28 with a mean TP of 51.04. Given that the stocks previous close was at 54.86 this is indicating there is a potential downside of -7.0%. The day 50 moving average is 55.21 and the 200 moving average now moves to 46.65. The company has a market cap of $138,084m. Company Website: http://www.bhp.com
BHP Group engages in the natural resources business worldwide. 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; the provision of towing, freight, marketing and trading, marketing support, finance, administrative, and other services; and potash development activities. BHP Group was incorporated in 1885 and is headquartered in Melbourne, Australia.