BHP Group Limited – Consensus Indicates Potential -10.7% Downside

Broker Ratings
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BHP Group Limited with ticker code (BHP) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60.8 and 59 calculating the mean target price we have 59.9. With the stocks previous close at 67.1 this would indicate that there is a downside of -10.7%. The 50 day moving average now sits at 57.85 and the 200 day MA is 66.05. The market cap for the company is $172,059m. Company Website: https://www.bhp.com

The potential market cap would be $153,596m based on the market concensus.

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; and potash development activities. In addition, the company provides towing, freight, marketing and trading, marketing support, finance, administrative, and other services. BHP Group was founded in 1851 and is headquartered in Melbourne, Australia.

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