BHP Group PlcSponsored – Consensus Indicates Potential -.2% Downside

Broker Ratings
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BHP Group PlcSponsored with ticker code (BBL) have now 3 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 69 and 60 with the average target price sitting at 65.67. Given that the stocks previous close was at 65.78 this would indicate that there is a downside of -.2%. The 50 day moving average now sits at 59.78 while the 200 day moving average is 59.02. The market cap for the company is $162,309m. Company Website: https://www.bhp.com

The potential market cap would be $162,037m 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, z, 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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