BHP Billiton plc Reaches New 12-Month High at $67.41 (BBL)
Shares of BHP Billiton plc (NYSE:BBL) hit a new 52-week high during trading on Wednesday , ARN reports. The company traded as high as $67.41 and last traded at $67.27, with a volume of 207,348 shares traded. The stock had previously closed at $66.39.
Several analysts have recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Monday, June 2nd. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday, May 30th. Finally, 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. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $64.90.
The stock’s 50-day moving average is $64.41 and its 200-day moving average is $62.45. The company has a market cap of $179.0 billion and a price-to-earnings ratio of 11.89.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BBL).
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