BHP Billiton Limited Given Consensus Rating of “Hold” by Brokerages (NYSE:BHP)
BHP Billiton Limited (NYSE:BHP) has earned an average recommendation of “Hold” from the fifteen analysts that are covering the company, American Banking and Market News reports. Eight analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $67.50.
Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of BHP Billiton Limited in a research note on Monday. They now have a $77.00 price target on the stock. Separately, analysts at RBC Capital downgraded shares of BHP Billiton Limited from an “outperform” rating to a “sector perform” rating in a research note on Thursday, June 5th. Finally, analysts at Liberum Capital downgraded shares of BHP Billiton Limited from a “buy” rating to a “hold” rating in a research note on Wednesday, May 21st.
Shares of BHP Billiton Limited (NYSE:BHP) traded up 0.49% during mid-day trading on Tuesday, hitting $73.51. The stock had a trading volume of 210,068 shares. BHP Billiton Limited has a one year low of $62.49 and a one year high of $73.72. The stock’s 50-day moving average is $69.88 and its 200-day moving average is $68.48. The company has a market cap of $195.6 billion and a P/E ratio of 13.10.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BHP).
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