BHP Group (BBL) stock forecast for 2024

The forecast has been updated: March 16, 2023 8:04


BHP Group stock price online today

Analyst Target Price

65.67

Dividend Date

21.09.2021

Ex Dividend Date

02.09.2021

Last Split Factor

Last Split Date

01.01.1970

Should you buy or sell BHP Group stock stock today? What is the projected target price level for 2024? How much will it cost in 2024? BHP Group stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2024.

We predict the dynamics of the stock market value using resonant artificial intelligence systems.

Technical, fundamental analyzes, news background, general geopolitical situation in the world and other factors are taken into account.

Forecasts are adjusted once a day taking into account the price change of the previous day.

To date, analysts have a $65.67 target price for BHP Group stock stock.

Today 200 Day Moving Average is the support level (59.02 $).

50 Day Moving Average is the support level (59.78 $).




BBL Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 58.94 54.42 63.12 13.78 %
Feb 54.35 50.30 55.72 9.72 %
Mar 51.54 48.08 53.96 10.89 %
Apr 50.80 49.15 53.60 8.30 %
May 47.81 44.77 50.85 11.96 %
Jun 49.76 45.52 51.44 11.49 %
Jul 54.54 53.04 56.90 6.79 %
Aug 57.88 54.27 61.07 11.14 %
Sep 60.59 57.97 62.04 6.56 %
Oct 65.82 60.53 68.90 12.15 %
Nov 58.16 53.14 62.07 14.39 %
Dec 53.00 48.61 56.49 13.96 %

The forecasts table above shows the forecast values of the company's stock price for each month. The Rate Forecast column displays the Optimal Average Forecast Price. The MIN Rate column displays a pessimistic forecast for this month. “MAX Rate” is an optimistic forecast. The % Volatility column represents the approximate monthly volatility of BHP Group stock.


BHP Group overview

BHP Group Address

NONE

Market Capitalization

164 776 100 000 $

EBITDA

35 974 001 000

PE Ratio

11.98

PEG Ratio

0

Dividend Per Share

3.01

Dividend Yield

0.0938

EPS

4.459

Quarterly Earnings Growth YOY

1.402

Quarterly Revenue Growth YOY

0.706

Trailing PE

14.39

Forward PE

9.12

EV To Revenue

2.746

EV To EBITDA

5.16

52 Week High

69.31

52 Week Low

49.5

50 Day Moving Average

59.78

200 Day Moving Average

59.02

Shares Outstanding

2528960000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

BHP Group stock forecast for this year


BHP Group stock forecast for Jan 2024.
Estimated Average Forecasted BHP Group Price: 58.94. Negative monthly dynamics of the instrument is expected with 13.784% volatility is expected.

Pessimistic forecast: 54.42

Optimistic: 63.12


BHP Group stock forecast for Feb 2024.
Estimated Average Forecasted BHP Group Price: 54.35. Negative monthly dynamics of the instrument is expected with 9.715% volatility is expected.

Pessimistic forecast: 50.30

Optimistic: 55.72


BHP Group stock forecast for Mar 2024.
Estimated Average Forecasted BHP Group Price: 51.54. Negative monthly dynamics of the instrument is expected with 10.890% volatility is expected.

Pessimistic forecast: 48.08

Optimistic: 53.96


BHP Group stock forecast for Apr 2024.
Estimated Average Forecasted BHP Group Price: 50.80. Negative monthly dynamics of the instrument is expected with 8.302% volatility is expected.

Pessimistic forecast: 49.15

Optimistic: 53.60


BHP Group stock forecast for May 2024.
Estimated Average Forecasted BHP Group Price: 47.81. Negative monthly dynamics of the instrument is expected with 11.959% volatility is expected.

Pessimistic forecast: 44.77

Optimistic: 50.85


BHP Group stock forecast for Jun 2024.
Estimated Average Forecasted BHP Group Price: 49.76. Positive monthly dynamics of the instrument is expected with 11.494% volatility is expected.

Pessimistic forecast: 45.52

Optimistic: 51.44


BHP Group stock forecast for Jul 2024.
Estimated Average Forecasted BHP Group Price: 54.54. Positive monthly dynamics of the instrument is expected with 6.787% volatility is expected.

Pessimistic forecast: 53.04

Optimistic: 56.90


BHP Group stock forecast for Aug 2024.
Estimated Average Forecasted BHP Group Price: 57.88. Positive monthly dynamics of the instrument is expected with 11.145% volatility is expected.

Pessimistic forecast: 54.27

Optimistic: 61.07


BHP Group stock forecast for Sep 2024.
Estimated Average Forecasted BHP Group Price: 60.59. Positive monthly dynamics of the instrument is expected with 6.562% volatility is expected.

Pessimistic forecast: 57.97

Optimistic: 62.04


BHP Group stock forecast for Oct 2024.
Estimated Average Forecasted BHP Group Price: 65.82. Positive monthly dynamics of the instrument is expected with 12.151% volatility is expected.

Pessimistic forecast: 60.53

Optimistic: 68.90


BHP Group stock forecast for Nov 2024.
Estimated Average Forecasted BHP Group Price: 58.16. Negative monthly dynamics of the instrument is expected with 14.393% volatility is expected.

Pessimistic forecast: 53.14

Optimistic: 62.07


BHP Group stock forecast for Dec 2024.
Estimated Average Forecasted BHP Group Price: 53.00. Negative monthly dynamics of the instrument is expected with 13.959% volatility is expected.

Pessimistic forecast: 48.61

Optimistic: 56.49



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BHP Group
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LyondellBasell Industries N.V.
LYB 84.68 (17.03.2023) -0.42 %
Martin Marietta Materials, Inc.
MLM 320.6 (17.03.2023) -3.21 %
Newmont Corp.
NEM 48.17 (17.03.2023) 5.22 %

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