BHP Group’s (BHP) “Neutral” Rating Reiterated at JPMorgan Chase & Co.

JPMorgan Chase & Co. restated their neutral rating on shares of BHP Group (LON:BHP) in a research note released on Tuesday, MarketBeat Ratings reports.

Other equities research analysts have also recently issued research reports about the company. Barclays decreased their price objective on BHP Group from GBX 2,610 ($33.03) to GBX 2,520 ($31.89) and set an equal weight rating on the stock in a report on Thursday, February 29th. Berenberg Bank decreased their price objective on BHP Group from GBX 2,200 ($27.84) to GBX 2,100 ($26.58) and set a hold rating on the stock in a report on Tuesday, March 26th. Royal Bank of Canada reiterated a sector perform rating on shares of BHP Group in a report on Wednesday, February 21st. Finally, Citigroup reiterated an equal weight rating and issued a GBX 2,610 ($33.03) target price on shares of BHP Group in a report on Tuesday, February 20th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat.com, BHP Group has a consensus rating of Hold and a consensus target price of GBX 2,320 ($29.36).

BHP Group Stock Performance

BHP Group stock opened at GBX 2,350 ($29.74) on Tuesday. BHP Group has a fifty-two week low of GBX 2,157 ($27.30) and a fifty-two week high of GBX 2,707.50 ($34.27). The stock has a fifty day moving average of GBX 2,299.09 and a two-hundred day moving average of GBX 2,389.80. The company has a debt-to-equity ratio of 52.52, a quick ratio of 1.37 and a current ratio of 1.57. The company has a market capitalization of £118.91 billion, a price-to-earnings ratio of 2,043.48, a PEG ratio of -0.78 and a beta of 0.85.

BHP Group Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were given a $0.72 dividend. This represents a yield of 2.41%. The ex-dividend date was Thursday, March 7th. BHP Group’s dividend payout ratio (DPR) is presently 10,434.78%.

About BHP Group

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, silver, zinc, molybdenum, uranium, gold, iron ore, and metallurgical and energy coal.