BHP Group’s (BHP) “Hold” Rating Reaffirmed at Berenberg Bank

BHP Group (LON:BHP)‘s stock had its “hold” rating reaffirmed by Berenberg Bank in a report issued on Wednesday,Digital Look reports. They currently have a GBX 3,400 price target on the stock. Berenberg Bank’s price objective indicates a potential upside of 2.53% from the company’s current price.

BHP has been the topic of a number of other research reports. JPMorgan Chase & Co. reduced their target price on BHP Group from GBX 3,400 to GBX 3,000 and set a “neutral” rating on the stock in a research note on Friday, July 10th. Jefferies Financial Group restated a “hold” rating and issued a GBX 3,350 target price on shares of BHP Group in a research report on Tuesday. Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a GBX 2,900 target price on shares of BHP Group in a research note on Monday. Finally, Citigroup upped their target price on BHP Group from £290 to £350 and gave the stock a “neutral” rating in a research note on Monday, June 8th. Six equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, BHP Group has an average rating of “Hold” and a consensus price target of GBX 8,391.67.

BHP Group Price Performance

Shares of LON:BHP opened at GBX 3,316 on Wednesday. BHP Group has a one year low of GBX 1,918 and a one year high of GBX 3,495. The company has a debt-to-equity ratio of 62.55, a current ratio of 1.65 and a quick ratio of 1.37. The firm has a market capitalization of £168.48 billion, a price-to-earnings ratio of 16.47, a PEG ratio of -0.78 and a beta of 0.84. The company’s fifty day moving average price is GBX 3,171.34 and its 200-day moving average price is GBX 2,985.59.

BHP Group News Roundup

Here are the key news stories impacting BHP Group this week:

• Positive Sentiment: Stronger profit and dividends: BHP reported a substantial increase in annual profit for the year ended June 30, 2026, with higher metal prices supporting results. The company also increased its dividend, while stronger asset backing improved the overall investment case. BHP profit jumps on metal prices BHP boosts profit, dividends as asset backing strengthens in FY2026
• Positive Sentiment: Copper remains the key growth driver: Coverage highlighted record or elevated copper prices and strong demand for copper and iron ore. BHP’s increasing focus on copper is favorable because the metal is linked to electrification and energy-transition demand. BHP Rides High On Strong Demand For Copper And Iron Ore
• Neutral Sentiment: Mixed broker outlook: Jefferies reaffirmed a “hold” rating with a GBX 3,350 target, close to the current trading level. RBC maintained “sector perform” but set a lower GBX 2,900 target, suggesting limited upside under its assumptions. Broker views
• Negative Sentiment: Limited analyst enthusiasm: BHP entered its earnings release with one of the lowest proportions of “buy” ratings in its history. That cautious positioning could restrain further gains if commodity prices or future earnings guidance disappoint. BHP Heads Into Earnings With Least Amount of Buy Ratings Ever

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. We aim to do this through owning a portfolio of world class assets with exposure to highly attractive commodities that benefit from the mega-trends playing out in the world around us, by operating them exceptionally well, by maintaining a disciplined approach to capital allocation and through being industry leaders in sustainability and the creation of social value.

We are a global business with over 9,000 suppliers around the world, many of which are small to medium-sized businesses that are local to our assets.