BHP Group Limited – Consensus Indicates Potential 16.9% Upside

Broker Ratings
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BHP Group Limited found using ticker (BHP) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 86.8 and 72 calculating the mean target price we have 79.6. With the stocks previous close at 68.11 this is indicating there is a potential upside of 16.9%. There is a 50 day moving average of 71.97 while the 200 day moving average is 64.64. The market capitalisation for the company is $244,758m. Company Website: https://www.bhp.com

The potential market cap would be $286,048m 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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