BHP Group (BHP) Stock Forecast & Price Target

$49.49 +0.42 (+0.85%)

As of 01/23/2025 03:59 PM Eastern

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

Moderate Buy

Based on 6 Analyst Ratings

Sell
0

Hold
3

Buy
3

Based on 6 Wall Street analysts who have issued ratings for BHP Group in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 3 have given a hold rating, 2 have given a buy rating, and 1 has given a strong buy rating for BHP.

Consensus Price Target

$53.00
7.09% Upside

According to the 6 analysts' twelve-month price targets for BHP Group, the average price target is $53.00. The highest price target for BHP is $53.00, while the lowest price target for BHP is $53.00. The average price target represents a forecasted upside of 7.09% from the current price of $49.49.

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BHP Analyst Ratings Over Time

Type	Current Forecast 1/25/24 to 1/24/25	1 Month Ago 12/26/23 to 12/25/24	3 Months Ago 10/27/23 to 10/26/24	1 Year Ago 1/25/23 to 1/25/24
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	2 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	3 Buy rating(s)
Hold	3 Hold rating(s)	3 Hold rating(s)	3 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 Target	$53.00	$68.00	$68.00	$50.00
Forecasted Upside	7.09% Upside	37.60% Upside	20.48% Upside	-18.99% Downside
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	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.

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.

BHP Group Stock vs. The Competition

Type	BHP Group	Basic Materials Companies	S&P 500
Consensus Rating Score	2.67	2.76	2.52
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy
Predicted Upside	7.09% Upside	128.48% Upside	11.32% Upside
News Sentiment Rating	Positive News See Recent BHP News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
1/6/2025	Jefferies Financial Group 2 of 5 stars		Lower Target	Hold ➝ Hold	$57.00 ➝ $53.00	+8.58%
9/19/2024	Argus 2 of 5 stars	J. Eade Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
9/16/2024	Sanford C. Bernstein 3 of 5 stars	B. Brackett Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Market Perform ➝ Outperform
5/31/2024	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy ➝ Buy
5/30/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Equal Weight
3/5/2024	Liberum Capital Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Buy ➝ Hold
10/5/2023	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Sell ➝ Neutral
9/13/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$47.00 ➝ $50.00	-10.97%
7/7/2023	Berenberg Bank Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/28/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Neutral
5/3/2023	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy
4/5/2023	CLSA Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Underperform ➝ Outperform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Friday at 03:33 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 Wednesday, January 22, 2025. Please send any questions or comments about these BHP Group pros and cons to contact@marketbeat.com.

BHP Group
Bull Case

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

BHP Group Limited has a strong market capitalization of approximately $125.93 billion, indicating a robust financial position and stability in the resources sector.
The stock is currently trading at $49.66, which may present a buying opportunity for investors looking for value in the market.
Recent upgrades from analysts, including a "strong-buy" rating from Argus and an upgrade from "buy" to "strong-buy" by StockNews.com, suggest positive sentiment and potential for price appreciation.
The company has a relatively low price-to-earnings (P/E) ratio of 10.75, which may indicate that the stock is undervalued compared to its earnings, making it an attractive option for value investors.
BHP Group Limited operates in multiple segments, including Copper, Iron Ore, and Coal, providing diversification that can help mitigate risks associated with reliance on a single commodity.

BHP Group
Bear Case

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

Despite recent positive ratings, Jefferies Financial Group has lowered its price target for BHP Group Limited from $57.00 to $53.00, indicating potential concerns about future performance.
The stock has experienced volatility, with a 52-week low of $48.06, which may deter risk-averse investors looking for stable investments.
Institutional ownership is relatively low at 3.79%, which may suggest a lack of confidence from larger investors in the company's future prospects.
The company has a debt-to-equity ratio of 0.38, which, while not excessively high, indicates that it does carry some debt, potentially impacting its financial flexibility.
Market conditions for commodities can be unpredictable, and fluctuations in demand for resources like copper and iron ore could adversely affect BHP Group Limited's profitability.

BHP Forecast - Frequently Asked Questions

: According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for BHP Group is $53.00, with a high forecast of $53.00 and a low forecast of $53.00.
: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BHP Group in the last twelve months. There are currently 3 hold ratings, 2 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" BHP shares.
: According to analysts, BHP Group's stock has a predicted upside of 7.09% based on their 12-month stock forecasts.
: BHP Group has been rated by research analysts at Jefferies Financial Group in the past 90 days.
: Analysts like BHP Group less than other "basic materials" companies. The consensus rating score for BHP Group is 2.67 while the average consensus rating score for "basic materials" companies is 2.76. Learn more on how BHP compares to other companies.

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This page (NYSE:BHP) was last updated on 1/24/2025 by MarketBeat.com Staff

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BHP Group (BHP) Stock Forecast & Price Target