BHP Group (BHP) stock forecast for 2024

The forecast has been updated: January 26, 2023 8:12


BHP Group stock price online today

Analyst Target Price

70.5

Dividend Date

22.09.2022

Ex Dividend Date

01.09.2022

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 $70.5 target price for BHP Group stock stock.

Today 200 Day Moving Average is the support level (57.53 $).

50 Day Moving Average is the support level (62.45 $).




BHP Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 68.30 65.53 75.06 12.69 %
Feb 69.12 66.11 73.06 9.51 %
Mar 78.66 69.81 87.74 20.44 %
Apr 87.86 83.51 93.26 10.46 %
May 99.59 88.68 105.41 15.87 %
Jun 105.86 94.11 117.77 20.09 %
Jul 99.99 92.34 109.89 15.97 %
Aug 99.39 92.68 106.69 13.13 %
Sep 95.36 87.07 99.22 12.25 %
Oct 91.64 82.43 99.62 17.25 %
Nov 88.07 84.50 93.62 9.74 %
Dec 78.29 69.84 82.40 15.25 %

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

250 627 457 000 $

EBITDA

37 647 999 000

PE Ratio

8.74

PEG Ratio

0

Dividend Per Share

3.25

Dividend Yield

0.0932

EPS

7.98

Quarterly Earnings Growth YOY

1.888

Quarterly Revenue Growth YOY

0.046

Trailing PE

8.74

Forward PE

10.83

EV To Revenue

3.427

EV To EBITDA

5.67

52 Week High

70.85

52 Week Low

44.33

50 Day Moving Average

62.45

200 Day Moving Average

57.53

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 Jan 2024.
Estimated Average Forecasted BHP Group Price: 68.30. Negative monthly dynamics of the instrument is expected with 12.693% volatility is expected.

Pessimistic forecast: 65.53

Optimistic: 75.06


BHP Group stock forecast for Feb 2024.
Estimated Average Forecasted BHP Group Price: 69.12. Positive monthly dynamics of the instrument is expected with 9.508% volatility is expected.

Pessimistic forecast: 66.11

Optimistic: 73.06


BHP Group stock forecast for Mar 2024.
Estimated Average Forecasted BHP Group Price: 78.66. Positive monthly dynamics of the instrument is expected with 20.439% volatility is expected.

Pessimistic forecast: 69.81

Optimistic: 87.74


BHP Group stock forecast for Apr 2024.
Estimated Average Forecasted BHP Group Price: 87.86. Positive monthly dynamics of the instrument is expected with 10.457% volatility is expected.

Pessimistic forecast: 83.51

Optimistic: 93.26


BHP Group stock forecast for May 2024.
Estimated Average Forecasted BHP Group Price: 99.59. Positive monthly dynamics of the instrument is expected with 15.872% volatility is expected.

Pessimistic forecast: 88.68

Optimistic: 105.41


BHP Group stock forecast for Jun 2024.
Estimated Average Forecasted BHP Group Price: 105.86. Positive monthly dynamics of the instrument is expected with 20.090% volatility is expected.

Pessimistic forecast: 94.11

Optimistic: 117.77


BHP Group stock forecast for Jul 2024.
Estimated Average Forecasted BHP Group Price: 99.99. Negative monthly dynamics of the instrument is expected with 15.969% volatility is expected.

Pessimistic forecast: 92.34

Optimistic: 109.89


BHP Group stock forecast for Aug 2024.
Estimated Average Forecasted BHP Group Price: 99.39. Negative monthly dynamics of the instrument is expected with 13.135% volatility is expected.

Pessimistic forecast: 92.68

Optimistic: 106.69


BHP Group stock forecast for Sep 2024.
Estimated Average Forecasted BHP Group Price: 95.36. Negative monthly dynamics of the instrument is expected with 12.254% volatility is expected.

Pessimistic forecast: 87.07

Optimistic: 99.22


BHP Group stock forecast for Oct 2024.
Estimated Average Forecasted BHP Group Price: 91.64. Negative monthly dynamics of the instrument is expected with 17.249% volatility is expected.

Pessimistic forecast: 82.43

Optimistic: 99.62


BHP Group stock forecast for Nov 2024.
Estimated Average Forecasted BHP Group Price: 88.07. Negative monthly dynamics of the instrument is expected with 9.737% volatility is expected.

Pessimistic forecast: 84.50

Optimistic: 93.62


BHP Group stock forecast for Dec 2024.
Estimated Average Forecasted BHP Group Price: 78.29. Negative monthly dynamics of the instrument is expected with 15.249% volatility is expected.

Pessimistic forecast: 69.84

Optimistic: 82.40



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