- BHP Group Limited's copper production is set to increase by 10% in 2025, thanks to developments at the Escondido Mine.
- Analysts forecast a potential share price rise of over 26% from current levels, with a high target of $61.00.
- BHP holds a consensus "Outperform" rating, reflecting strong market confidence.
BHP Group Limited (BHP, Financial), based in Melbourne, is making noteworthy strides with a 10% boost in copper production expected for 2025. This growth is primarily driven by advancements at its renowned Escondido Mine. These positive developments could lead to an impressive 13.12% upswing in BHP's share price in the near term.
Analyst Price Targets and Recommendations
Wall Street analysts are eyeing promising projections for BHP Group Ltd (BHP, Financial). With one-year price targets shared by four analysts, the average target price comes in at $53.13. This suggests a substantial upside of 26.28% from the current trading price of $42.07, with estimates ranging from a high of $61.00 to a low of $49.00. For a more comprehensive look at these forecasts, please visit the BHP Group Ltd (BHP) Forecast page.
Further boosting investor confidence is the consensus recommendation from six brokerage firms, which positions BHP Group Ltd (BHP, Financial) at an average recommendation of 2.0, indicating an "Outperform" status. This rating scale, from 1 to 5, signals robust performance, with 1 representing a Strong Buy and 5 denoting a Sell.
GF Value Insights
According to GuruFocus estimates, the GF Value for BHP Group Ltd (BHP, Financial) is poised at $50.10 over the coming year. This estimation implies a potential rise of 19.09% from the current price of $42.07. The GF Value represents GuruFocus' assessment of the fair market value of the stock, derived from historical trading multiples, past business growth, and future performance projections. Dive deeper into these insights at the BHP Group Ltd (BHP) Summary page.
