Connect with us

Business

Do brokers rate the BHP (ASX:BHP) share price as a buy?

Published

on

What do brokers think of the BHP Group Ltd (ASX: BHP) share price? Could the big Australian resource giant be a buy right now?

Was the recent report strong?

BHP’s underlying numbers included double digit growth for many statistics.

Underlying earnings before interest, tax, depreciation and amortisation (EBITDA) rose by 21% to US$14.7 billion and underlying attributable profit went up 16% to US$6 billion.

Profit from operations grew by 17% to US$9.75 billion and net operating cash flow increased by 26% to US$9.37 billion.

However, attributable profit fell 20% to US$3.9 billion. This included an exceptional, one-off loss of US$2.2 billion predominately relating to the impairments of New South Wales Energy Coal (NSWEC) and…



Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending