BHP Group Limited – Consensus Indicates Potential 1.9% Upside

Broker Ratings
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BHP Group Limited with ticker code (BHP) now have 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 86.8 and 72 and has a mean target at 79.6. Now with the previous closing price of 78.15 this indicates there is a potential upside of 1.9%. The day 50 moving average is 71.51 and the 200 moving average now moves to 64.85. The market capitalisation for the company is $280,774m. Company Website: https://www.bhp.com

The potential market cap would be $285,984m based on the market concensus.

BHP Group Limited operates as a resources company 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; and potash development activities. In addition, the company 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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