BHP Group Limited – Consensus Indicates Potential 32.9% Upside

Broker Ratings
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BHP Group Limited with ticker code (BHP) have now 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 77 and 63 calculating the average target price we see 68.67. Given that the stocks previous close was at 51.68 this would imply there is a potential upside of 32.9%. The day 50 moving average is 53.5 and the 200 moving average now moves to 58.24. The company has a market cap of $182,460m. Company Website: https://www.bhp.com

The potential market cap would be $242,445m based on the market concensus.

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal. The company is also involved in mining, smelting, and refining of nickel; and potash development activities. In addition, it 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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