BHP Group Limited – Consensus Indicates Potential -15.9% Downside

Broker Ratings
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BHP Group Limited found using ticker (BHP) now have 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 60.8 and 59 calculating the average target price we see 59.9. Given that the stocks previous close was at 71.21 this would indicate that there is a downside of -15.9%. The day 50 moving average is 66.75 and the 200 moving average now moves to 64.78. The market capitalisation for the company is $173,510m. Find out more information at: https://www.bhp.com

The potential market cap would be $145,952m 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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