BHP Billiton plc Given Consensus Rating of “Buy” by Analysts (NYSE:BBL)
BHP Billiton plc (NYSE:BBL) has received an average rating of “Buy” from the eleven brokerages that are covering the stock, Analyst Ratings Network reports. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $65.80.
Several analysts have recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Thursday. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Thursday. Finally, analysts at Zacks upgraded shares of BHP Billiton plc from an “underperform” rating to a “neutral” rating in a research note on Thursday, February 20th. They now have a $65.80 price target on the stock.
Shares of BHP Billiton plc (NYSE:BBL) traded down 0.33% during mid-day trading on Monday, hitting $64.16. 72,551 shares of the company’s stock traded hands. BHP Billiton plc has a 1-year low of $49.56 and a 1-year high of $66.29. The stock’s 50-day moving average is $62.24 and its 200-day moving average is $60.95. The company has a market cap of $170.7 billion and a price-to-earnings ratio of 11.53.
BHP Billiton plc is a diversified natural resources company. The Company operates nine customer sector groups (NYSE:BBL): petroleum, aluminium, base metals (including uranium), diamonds and specialty products, stainless steel materials, iron ore, manganese, metallurgical coal and energy coal.
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