BHP Group (BHPLF) Gets a Hold Rating from Berenberg Bank

Berenberg Bank analyst Berenberg Bank reiterated a Hold rating on BHP Group (BHPLFResearch Report) on February 4 and set a price target of p2200.00. The company’s shares closed last Monday at $33.84.

The word on The Street in general, suggests a Hold analyst consensus rating for BHP Group with a $32.19 average price target, a -6.2% downside from current levels. In a report issued on February 1, RBC Capital also downgraded the stock to Hold with a price target.

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The company has a one-year high of $41.46 and a one-year low of $25.28. Currently, BHP Group has an average volume of 1.05M.

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BHP Group Ltd. engages in the exploration, development, production, and processing of iron ore, metallurgical coal, and copper. It operates through the following segments: Petroleum, Copper, Iron Ore, and Coal. The Petroleum segment explores, develops, and produces oil and gas. The Copper segment refers to the mining of copper, silver, lead, zinc, molybdenum, uranium, and gold. The Iron Ore segment consist of iron ore. The Coal segment focuses on metallurgical coal and energy coal. The company was founded on August 13, 1885 and is headquartered in Melbourne, Australia.

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