Morningstar Reiterates “Accumulate” Rating for BHP Billiton Limited (BHP)
BHP Billiton Limited (ASX:BHP) opened at 37.740 on Friday. BHP Billiton Limited has a 1-year low of A$34.350 and a 1-year high of A$39.790. The stock has a 50-day moving average of A$37.71 and a 200-day moving average of A$37.30. The company has a market cap of A$200.8 billion and a P/E ratio of 13.78.
BHP has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton Limited in a research note on Thursday, May 29th. They now have a $37.16 price target on the stock, down previously from $40.00. Three investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of A$41.15 ($38.46).
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (ASX:BHP).
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