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BHP Group (BHP) Stock Forecast & Price Target

BHP Group logo
GBX 2,004 -7.00 (-0.35%)
(As of 06:58 AM ET)

BHP Group - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
2

Based on 7 Wall Street analysts who have issued ratings for BHP Group in the last 12 months, the stock has a consensus rating of "Hold." Out of the 7 analysts, 5 have given a hold rating, and 2 have given a buy rating for BHP.

Consensus Price Target

GBX 2,700
According to the 7 analysts' twelve-month price targets for BHP Group, the average price target is GBX 2,700. The highest price target for BHP is GBX 4,500, while the lowest price target for BHP is GBX 2,000. The average price target represents a forecasted upside of 34.73% from the current price of GBX 2,004.
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BHP Analyst Ratings Over Time

TypeCurrent Forecast
12/19/23 to 12/18/24
1 Month Ago
11/19/23 to 11/18/24
3 Months Ago
9/20/23 to 9/19/24
1 Year Ago
12/19/22 to 12/19/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
2 Buy rating(s)
0 Buy rating(s)
Hold
5 Hold rating(s)
5 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 2,700GBX 2,710GBX 2,710GBX 2,337.86
Consensus Rating
Hold
Hold
Hold
Hold

BHP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BHP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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BHP Group Stock vs. The Competition

TypeBHP GroupBasic Materials Companies
Consensus Rating Score
2.29
2.76
Consensus RatingHoldModerate Buy
News Sentiment Rating
Neutral News

See Recent BHP News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
12/6/2024JPMorgan Chase & Co.
3 of 5 stars
 Boost TargetNeutralGBX 2,490 ➝ GBX 2,580+26.10%
11/19/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingHoldGBX 2,000-3.05%
9/9/2024Deutsche Bank Aktiengesellschaft
3 of 5 stars
 Lower TargetHoldGBX 2,250 ➝ GBX 2,100+7.44%
7/18/2024Citigroup
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 Reiterated RatingBuyGBX 2,500+14.26%
7/18/2024Royal Bank of Canada
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 Boost TargetSector performGBX 4,400 ➝ GBX 4,500+105.67%
4/18/2024Jefferies Financial Group
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 Reiterated RatingBuyGBX 2,700+15.88%
2/29/2024Barclays
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 Lower TargetEqual WeightGBX 2,610 ➝ GBX 2,520+10.74%
8/23/2023Credit Suisse Group
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 Lower TargetGBX 2,300 ➝ GBX 2,200-1.50%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 07:29 AM ET.


Should I Buy BHP Group Stock? BHP Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, December 12, 2024. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BHP Group
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in BHP Group Limited:

  • Recent upgrades from multiple analysts, including a "strong-buy" rating from Argus, indicate strong confidence in the company's future performance.
  • The current stock price of $51.19 presents a potential buying opportunity, especially considering the consensus target price of $68.00, suggesting significant upside potential.
  • BHP Group Limited has a solid financial position, with a quick ratio of 1.29 and a current ratio of 1.70, indicating good short-term liquidity and the ability to meet its obligations.
  • The company operates in diverse segments such as Copper, Iron Ore, and Coal, which can help mitigate risks associated with reliance on a single commodity.
  • With a debt-to-equity ratio of 0.38, BHP Group Limited maintains a conservative approach to leverage, reducing financial risk and enhancing stability.

BHP Group
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in BHP Group Limited for these reasons:

  • Jefferies Financial Group recently downgraded the stock from a "buy" to a "hold" rating, which may indicate concerns about the stock's short-term performance.
  • The stock has experienced volatility, with a one-year low of $50.90, suggesting potential instability in its market performance.
  • Trading volume has been below average, with only 2,276,190 shares traded recently compared to an average of 2,458,255, which may indicate reduced investor interest.
  • Market conditions for commodities can be unpredictable, and fluctuations in demand for resources like iron ore and coal could adversely affect BHP Group Limited's profitability.
  • Despite recent upgrades, the mixed ratings from analysts, with three holding ratings, may reflect uncertainty about the company's growth trajectory.

BHP Forecast - Frequently Asked Questions

According to the research reports of 7 Wall Street equities research analysts, the average twelve-month stock price forecast for BHP Group is GBX 2,700, with a high forecast of GBX 4,500 and a low forecast of GBX 2,000.

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 5 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" BHP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in BHP, but not buy additional shares or sell existing shares.

According to analysts, BHP Group's stock has a predicted upside of 34.73% based on their 12-month stock forecasts.

BHP Group has been rated by research analysts at Berenberg Bank, and JPMorgan Chase & Co. in the past 90 days.

Analysts like BHP Group less than other "basic materials" companies. The consensus rating for BHP Group is Hold while the average consensus rating for "basic materials" companies is Moderate Buy. Learn more on how BHP compares to other companies.


This page (LON:BHP) was last updated on 12/18/2024 by MarketBeat.com Staff
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