BHP Billiton plc Stock Rating Reaffirmed by Canaccord Genuity (BBL)
A number of other analysts have also recently weighed in on BBL. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday. Separately, analysts at Zacks upgraded shares of BHP Billiton plc from an “underperform” rating to a “neutral” rating in a research note on Wednesday, May 21st. They now have a $64.90 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Monday, May 12th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. BHP Billiton plc has a consensus rating of “Buy” and an average target price of $64.90.
BHP Billiton plc (NYSE:BBL) traded up 1.10% on Monday, hitting $63.34. 575,069 shares of the company’s stock traded hands. BHP Billiton plc has a 52-week low of $49.56 and a 52-week high of $67.17. The stock has a 50-day moving average of $64.72 and a 200-day moving average of $61.84. The company has a market cap of $168.5 billion and a price-to-earnings ratio of 11.22.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BBL).
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.