BHP Group (BHP) stock forecast for 2023

The forecast has been updated: May 25, 2023 8:10


BHP Group stock price online today

Analyst Target Price

70.63

Dividend Date

30.03.2023

Ex Dividend Date

09.03.2023

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 2023? How much will it cost in 2023? BHP Group stock Stock Monthly Prediction for January, February, March, April, May, July, July, August, September, October, November and December 2023.

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 $70.63 target price for BHP Group stock stock.

Today 200 Day Moving Average is the resistance level (58.89 $).

50 Day Moving Average is the resistance level (59.7 $).




BHP Forecast for 2023

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jun 56.66 53.85 60.14 10.46 %
Jul 60.31 53.35 66.37 19.63 %
Aug 56.15 54.13 58.09 6.81 %
Sep 51.77 50.22 53.71 6.51 %
Oct 53.09 48.79 56.91 14.27 %
Nov 54.60 48.79 60.58 19.47 %
Dec 54.60 49.20 56.32 12.65 %

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

16/171 COLLINS STREET, MELBOURNE, VICTORIA AUSTRALIA, AU

Market Capitalization

208 903 324 000 $

EBITDA

32 352 000 000

PE Ratio

8.03

PEG Ratio

0

Dividend Per Share

2.65

Dividend Yield

0.0918

EPS

7.19

Quarterly Earnings Growth YOY

-0.316

Quarterly Revenue Growth YOY

-0.157

Trailing PE

8.03

Forward PE

10.83

EV To Revenue

3.427

EV To EBITDA

5.67

52 Week High

69.48

52 Week Low

43.07

50 Day Moving Average

59.7

200 Day Moving Average

58.89

Shares Outstanding

2530640000

Shares Float

Shares Short Prior Month

Short Ratio

Percent Insiders

Percent Institutions

BHP Group stock forecast for this year


BHP Group stock forecast for Jun 2023.
Estimated Average Forecasted BHP Group Price: 56.66. Positive monthly dynamics of the instrument is expected with 10.457% volatility is expected.

Pessimistic forecast: 53.85

Optimistic: 60.14


BHP Group stock forecast for Jul 2023.
Estimated Average Forecasted BHP Group Price: 60.31. Positive monthly dynamics of the instrument is expected with 19.627% volatility is expected.

Pessimistic forecast: 53.35

Optimistic: 66.37


BHP Group stock forecast for Aug 2023.
Estimated Average Forecasted BHP Group Price: 56.15. Negative monthly dynamics of the instrument is expected with 6.815% volatility is expected.

Pessimistic forecast: 54.13

Optimistic: 58.09


BHP Group stock forecast for Sep 2023.
Estimated Average Forecasted BHP Group Price: 51.77. Negative monthly dynamics of the instrument is expected with 6.506% volatility is expected.

Pessimistic forecast: 50.22

Optimistic: 53.71


BHP Group stock forecast for Oct 2023.
Estimated Average Forecasted BHP Group Price: 53.09. Positive monthly dynamics of the instrument is expected with 14.272% volatility is expected.

Pessimistic forecast: 48.79

Optimistic: 56.91


BHP Group stock forecast for Nov 2023.
Estimated Average Forecasted BHP Group Price: 54.60. Positive monthly dynamics of the instrument is expected with 19.468% volatility is expected.

Pessimistic forecast: 48.79

Optimistic: 60.58


BHP Group stock forecast for Dec 2023.
Estimated Average Forecasted BHP Group Price: 54.60. Negative monthly dynamics of the instrument is expected with 12.652% volatility is expected.

Pessimistic forecast: 49.20

Optimistic: 56.32



Other Basic materials sector assets

Name Symbol Last Close Price Change
Albemarle Corp.
ALB 203.99 (26.05.2023) -0.48 %
Barrick Gold Corp.
GOLD 16.99 (26.05.2023) -0.59 %
BHP Group
BBL 64.18 (28.01.2022) -2.43 %
BHP Group
BHP 56.67 (26.05.2023) 2.98 %
CAMECO CORPORATION
CCJ 23.67 (07.01.2022) 4.18 %
Dow Inc.
DOW 50.34 (26.05.2023) -0.06 %
Gevo, Inc.
GEVO 1.11 (26.05.2023) -0.89 %
Livent Corp.
LTHM 23.9 (26.05.2023) 1.23 %
LyondellBasell Industries N.V.
LYB 87.31 (26.05.2023) -1.64 %
Martin Marietta Materials, Inc.
MLM 399.16 (26.05.2023) 0.00 %
Newmont Corp.
NEM 40.68 (26.05.2023) 0.10 %

Warning: include(include/reklama_bottom.php): failed to open stream: No such file or directory in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808 Warning: include(): Failed opening 'include/reklama_bottom.php' for inclusion (include_path='.:') in /home/virtwww/w_leoprophet-com_a7e4ac46/http/wp-content/themes/generatepress/forecast_stock_post_year.php on line 808

Denial of responsibility:

The portal leoprophet.com is not responsible for the loss of your money as a result of your use of the information contained on the site, including data, quotes, charts and forecasts. Operations in the stock, foreign exchange and commodity markets involve a high level of risk, and you are solely responsible for your operations. Only speculate with money that you can afford to lose. All prices and forecasts for stocks, indices, futures are indicative and should not be trade dependent. The portal is not responsible for any losses that you may incur as a result of using this data.