BHP Billiton plc Stock Rating Upgraded by Zacks (BBL)
BHP Billiton plc (NYSE:BBL) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a report issued on Monday. The firm currently has a $70.20 price objective on the stock. Zacks‘s target price suggests a potential upside of 1.45% from the stock’s previous close.
Several other analysts have also 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. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday, May 30th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. BHP Billiton plc has an average rating of “Buy” and a consensus target price of $70.20.
BHP Billiton plc (NYSE:BBL) traded up 0.35% on Monday, hitting $69.44. The stock had a trading volume of 459,282 shares. BHP Billiton plc has a 1-year low of $56.24 and a 1-year high of $71.44. The stock’s 50-day moving average is $68.3 and its 200-day moving average is $64.38. The company has a market cap of $184.7 billion and a price-to-earnings ratio of 12.40.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BBL).
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