BHP Group Limited – Consensus Indicates Potential 24.6% 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 range between the high target price and low target price is between 81 and 72 calculating the average target price we see 77.23. Now with the previous closing price of 61.98 this indicates there is a potential upside of 24.6%. The day 50 moving average is 71.23 while the 200 day moving average is 64.06. The company has a market cap of $225,974m. Company Website: https://www.bhp.com

The potential market cap would be $281,574m 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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