BHP Billiton Limited Given “Buy” Rating at Deutsche Bank (BHP)
BHP Billiton Limited (ASX:BHP)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Tuesday. They currently have a $43.60 price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Morningstar reiterated an “accumulate” rating on shares of BHP Billiton Limited in a research note on Sunday. Three research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of A$41.19 ($38.14).
Shares of BHP Billiton Limited (ASX:BHP) traded up 1.47% during mid-day trading on Tuesday, hitting A$38.580. 7,969,734 shares of the company’s stock traded hands. BHP Billiton Limited has a 52 week low of A$34.350 and a 52 week high of A$39.790. The stock’s 50-day moving average is A$37.82 and its 200-day moving average is A$37.30. The company has a market cap of A$205.3 billion and a price-to-earnings ratio of 13.62.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (ASX:BHP).
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