BHP Group PlcSponsored with ticker code (BBL) now have 3 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 61 and 54 with the average target price sitting at 57. Now with the previous closing price of 65.78 this now indicates there is a potential downside of -13.3%. The day 50 moving average is 59.78 and the 200 day MA is 59.02. The market cap for the company is $162,309m. Find out more information at: https://www.bhp.com
The potential market cap would be $140,644m 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.
