BHP Group (BHP) stock forecast for 2024

The forecast has been updated: May 19, 2022 8:10


BHP Group stock price online today

Analyst Target Price

77.23

Dividend Date

28.03.2022

Ex Dividend Date

24.02.2022

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 $77.23 target price for BHP Group stock stock.

Today 200 Day Moving Average is the support level (63.92 $).

50 Day Moving Average is the resistance level (70.9 $).




BHP Forecast for 2024

Month Rate Forecast MIN Rate MAX Rate Volati-
lity, %
Jan 79.79 76.44 87.81 12.95 %
Feb 70.34 67.38 76.35 11.75 %
Mar 68.76 65.25 75.25 13.29 %
Apr 68.45 64.34 73.58 12.56 %
May 65.16 59.98 68.58 12.54 %
Jun 65.94 63.87 73.36 12.94 %
Jul 63.67 56.41 66.25 14.85 %
Aug 62.90 59.88 66.21 9.55 %
Sep 54.79 53.15 61.20 13.16 %
Oct 50.43 45.67 55.20 17.27 %
Nov 51.04 46.22 55.40 16.58 %
Dec 46.90 45.08 48.45 6.97 %

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

233 175 138 000 $

EBITDA

40 228 999 000

PE Ratio

9.85

PEG Ratio

0

Dividend Per Share

3.5

Dividend Yield

0.11

EPS

6.65

Quarterly Earnings Growth YOY

1.433

Quarterly Revenue Growth YOY

0.275

Trailing PE

9.85

Forward PE

7.84

EV To Revenue

3.453

EV To EBITDA

6.06

52 Week High

79.66

52 Week Low

49.62

50 Day Moving Average

70.9

200 Day Moving Average

63.92

Shares Outstanding

2531160000

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: 79.79. Positive monthly dynamics of the instrument is expected with 12.949% volatility is expected.

Pessimistic forecast: 76.44

Optimistic: 87.81


BHP Group stock forecast for Feb 2024.
Estimated Average Forecasted BHP Group Price: 70.34. Negative monthly dynamics of the instrument is expected with 11.746% volatility is expected.

Pessimistic forecast: 67.38

Optimistic: 76.35


BHP Group stock forecast for Mar 2024.
Estimated Average Forecasted BHP Group Price: 68.76. Negative monthly dynamics of the instrument is expected with 13.294% volatility is expected.

Pessimistic forecast: 65.25

Optimistic: 75.25


BHP Group stock forecast for Apr 2024.
Estimated Average Forecasted BHP Group Price: 68.45. Negative monthly dynamics of the instrument is expected with 12.558% volatility is expected.

Pessimistic forecast: 64.34

Optimistic: 73.58


BHP Group stock forecast for May 2024.
Estimated Average Forecasted BHP Group Price: 65.16. Negative monthly dynamics of the instrument is expected with 12.542% volatility is expected.

Pessimistic forecast: 59.98

Optimistic: 68.58


BHP Group stock forecast for Jun 2024.
Estimated Average Forecasted BHP Group Price: 65.94. Positive monthly dynamics of the instrument is expected with 12.944% volatility is expected.

Pessimistic forecast: 63.87

Optimistic: 73.36


BHP Group stock forecast for Jul 2024.
Estimated Average Forecasted BHP Group Price: 63.67. Negative monthly dynamics of the instrument is expected with 14.849% volatility is expected.

Pessimistic forecast: 56.41

Optimistic: 66.25


BHP Group stock forecast for Aug 2024.
Estimated Average Forecasted BHP Group Price: 62.90. Negative monthly dynamics of the instrument is expected with 9.549% volatility is expected.

Pessimistic forecast: 59.88

Optimistic: 66.21


BHP Group stock forecast for Sep 2024.
Estimated Average Forecasted BHP Group Price: 54.79. Negative monthly dynamics of the instrument is expected with 13.160% volatility is expected.

Pessimistic forecast: 53.15

Optimistic: 61.20


BHP Group stock forecast for Oct 2024.
Estimated Average Forecasted BHP Group Price: 50.43. Negative monthly dynamics of the instrument is expected with 17.268% volatility is expected.

Pessimistic forecast: 45.67

Optimistic: 55.20


BHP Group stock forecast for Nov 2024.
Estimated Average Forecasted BHP Group Price: 51.04. Positive monthly dynamics of the instrument is expected with 16.582% volatility is expected.

Pessimistic forecast: 46.22

Optimistic: 55.40


BHP Group stock forecast for Dec 2024.
Estimated Average Forecasted BHP Group Price: 46.90. Negative monthly dynamics of the instrument is expected with 6.970% volatility is expected.

Pessimistic forecast: 45.08

Optimistic: 48.45



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