BHP Billiton Limited’s add Rating Reaffirmed at CIMB (BHP)
BHP Billiton Limited (ASX:BHP)‘s stock had its “add” rating reaffirmed by equities research analysts at CIMB in a research note issued to investors on Thursday, Analyst Ratings News reports. They currently have a $42.80 price objective on the stock.
A number of other firms have also recently commented on BHP. Analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton Limited in a research note on Tuesday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton Limited in a research note on Tuesday, January 7th. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton Limited in a research note on Friday, January 3rd. They now have a $45.10 price target on the stock. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of A$43.95 ($39.24).
Shares of BHP Billiton Limited (ASX:BHP) traded up 1.05% during mid-day trading on Thursday, hitting A$37.710. 7,500,738 shares of the company’s stock traded hands. BHP Billiton Limited has a 52 week low of A$30.430 and a 52 week 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$200.7 billion and a P/E ratio of 18.32.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (ASX:BHP).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.