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 covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 69 and 60 with the average target price sitting at 65.67. Now with the previous closing price of 65.78 this would imply there is a potential downside of -.2%. The 50 day MA is 59.78 and the 200 day moving average is 59.02. The company has a market capitalisation of $162,309m. Find out more information at: 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, 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. The company was founded in 1851 and is headquartered in Melbourne, Australia.

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