BHP Group PlcSponsored – Consensus Indicates Potential 9.6% Upside

Broker Ratings

BHP Group PlcSponsored found using ticker (BBL) have now 2 analysts covering the stock with the consensus suggesting a rating of ‘Strong_Buy’. The target price ranges between 60.85 and 55 with the average target price sitting at 57.93. Given that the stocks previous close was at 52.85 this is indicating there is a potential upside of 9.6%. The 50 day moving average now sits at 45.79 and the 200 day moving average is 44.12. The company has a market cap of $132,952m. You can visit the company’s website by visiting: 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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