BHP Billiton Limited Receives add Rating from CIMB (BHP)
BHP Billiton Limited (ASX:BHP)‘s stock had its “add” rating reaffirmed by equities researchers at CIMB in a research report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a $42.80 price target on the stock.
A number of other firms have also recently commented on BHP. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton Limited in a research note to investors on Tuesday, January 7th. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton Limited in a research note to investors on Friday, January 3rd. They now have a $45.10 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. BHP Billiton Limited presently has a consensus rating of “Buy” and a consensus price target of A$43.95 ($38.55).
Shares of BHP Billiton Limited (ASX:BHP) traded up 0.68% on Wednesday, hitting A$35.520. 4,140,398 shares of the company’s stock traded hands. BHP Billiton Limited has a one year low of A$30.430 and a one year high of A$39.340. The stock’s 50-day moving average is A$36.91 and its 200-day moving average is A$36.0. The company has a market cap of A$189.1 billion and a price-to-earnings ratio of 17.32.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (ASX:BHP).
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