BHP Group (LON:BHP) Reaches New 52-Week Low – Should You Sell?

BHP Group Limited (LON:BHP)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as GBX 1,564 ($20.16) and last traded at GBX 1,588 ($20.47), with a volume of 5939767 shares changing hands. The stock had previously closed at GBX 1,646.70 ($21.23).

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on BHP. JPMorgan Chase & Co. reissued a “neutral” rating on shares of BHP Group in a research report on Tuesday, February 18th. Berenberg Bank restated a “hold” rating and issued a GBX 1,900 ($24.49) price objective on shares of BHP Group in a research note on Tuesday, February 18th. Four equities research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of GBX 2,713.33 ($34.97).

BHP Group Price Performance

The company has a current ratio of 1.70, a quick ratio of 1.37 and a debt-to-equity ratio of 45.03. The firm has a market cap of £100.57 billion, a PE ratio of 12.75, a PEG ratio of -0.78 and a beta of 0.84. The business has a fifty day moving average of GBX 1,957.69 and a 200-day moving average of GBX 2,040.01.

About BHP Group

We are a world-leading resources company, focused on the resources the world needs to grow and decarbonise. Copper for renewable energy. Potash for sustainable farming. Iron ore and metallurgical coal for the steel needed for global infrastructure and the energy transition.

A resources mix for today and for the future.

Our strategy is to deliver long-term value and returns through the cycle.