BHP Group PlcSponsored with ticker code (BBL) now have 3 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 69 and 54 with a mean TP of 59.67. With the stocks previous close at 65.87 this would indicate that there is a downside of -9.4%. The 50 day MA is 56.81 and the 200 moving average now moves to 58.81. The market capitalisation for the company is $167,088m. Find out more information at: https://www.bhp.com
The potential market cap would be $151,361m 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.