BHP Group Limited – Consensus Indicates Potential 7.0% Upside

Broker Ratings

BHP Group Limited found using ticker (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 85 and 64 and has a mean target at 71.38. Given that the stocks previous close was at 66.68 this would imply there is a potential upside of 7.0%. The 50 day MA is 65.33 and the 200 moving average now moves to 57.67. The company has a market cap of $238,911m. Company Website: https://www.bhp.com

The potential market cap would be $255,751m 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.

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