BHP Group PlcSponsored – Consensus Indicates Potential -13.3% Downside

Broker Ratings
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BHP Group PlcSponsored found using ticker (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 calculating the mean target price we have 57. Now with the previous closing price of 65.78 this is indicating there is a potential downside of -13.3%. The 50 day MA is 59.78 and the 200 day MA is 59.02. The company has a market capitalisation of $162,309m. Visit the company website 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.

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