BHP Group PLC (NYSE:BBL) has received a consensus rating of “Hold” from the nine research firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company.

A number of equities analysts recently commented on BBL shares. UBS Group lowered shares of BHP Group from a “buy” rating to a “neutral” rating in a research note on Monday, April 22nd. JPMorgan Chase & Co. reiterated a “buy” rating and issued a $69.00 target price on shares of Daimler in a research report on Friday, July 12th. Liberum Capital upgraded shares of Rio Tinto from a “sell” rating to a “buy” rating in a research report on Friday, May 17th. Finally, Zacks Investment Research upgraded shares of HB Fuller from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd.

Shares of BHP Group stock traded up $0.58 on Friday, hitting $50.79. The company had a trading volume of 813,142 shares, compared to its average volume of 841,597. The business has a 50-day simple moving average of $49.03. The company has a current ratio of 2.55, a quick ratio of 2.16 and a debt-to-equity ratio of 0.43. The stock has a market cap of $53.02 billion, a P/E ratio of 15.12, a PEG ratio of 2.57 and a beta of 0.87. BHP Group has a 52 week low of $38.04 and a 52 week high of $51.87.

A number of hedge funds have recently added to or reduced their stakes in BBL. Pinnacle Bank purchased a new stake in BHP Group in the 4th quarter worth approximately $26,000. Quantamental Technologies LLC bought a new position in shares of BHP Group during the 1st quarter valued at $29,000. Liberty Wealth Management LLC bought a new position in shares of BHP Group during the 4th quarter valued at $43,000. Private Capital Group LLC raised its holdings in shares of BHP Group by 76.9% during the 1st quarter. Private Capital Group LLC now owns 1,033 shares of the mining company’s stock valued at $50,000 after purchasing an additional 449 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of BHP Group by 51.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,176 shares of the mining company’s stock valued at $57,000 after purchasing an additional 397 shares in the last quarter. Institutional investors own 4.63% of the company’s stock.

BHP Group Company Profile

BHP Group discovers, acquires, develops, and markets natural resources worldwide. The company engages in the exploration, development, and production of oil and gas properties; and mining of copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical and energy coal.

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Analyst Recommendations for BHP Group (NYSE:BBL)

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