BHP Group PlcSponsored – Consensus Indicates Potential 22.9% Upside

Broker Ratings

BHP Group PlcSponsored with ticker code (BBL) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Strong_Buy’. The range between the high target price and low target price is between 60.85 and 55 calculating the average target price we see 57.93. Given that the stocks previous close was at 47.15 this would imply there is a potential upside of 22.9%. There is a 50 day moving average of 42.87 while the 200 day moving average is 43.16. The market capitalisation for the company is $125,997m. Company Website: http://www.bhp.com

BHP Group engages in the natural resources business 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; the provision of towing, freight, marketing and trading, marketing support, finance, administrative, and other services; and potash development activities. The company was founded in 1851 and is headquartered in Melbourne, Australia.

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