BHP Billiton Limited Reaches New 1-Year High at $73.73 (BHP)
BHP Billiton Limited (NYSE:BHP)’s share price hit a new 52-week high on Tuesday , Stock Ratings News reports. The company traded as high as $73.73 and last traded at $73.70, with a volume of 347,984 shares trading hands. The stock had previously closed at $73.15.
A number of research firms have recently commented on BHP. 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. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $67.50.
The stock has a 50-day moving average of $69.88 and a 200-day moving average of $68.48. The company has a market cap of $195.5 billion and a price-to-earnings 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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