BHP Billiton Limited Receives Average Recommendation of “Hold” from Analysts (NYSE:BHP)
Shares of BHP Billiton Limited (NYSE:BHP) have received an average rating of “Hold” from the fifteen brokerages that are covering the stock, AR Network reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $67.50.
A number of research firms have recently commented on BHP. Analysts at S&P Equity Research upgraded shares of BHP Billiton Limited to a “buy” rating in a research note on Thursday, August 21st. Separately, analysts at Citigroup Inc. downgraded shares of BHP Billiton Limited from a “buy” rating to a “neutral” rating in a research note on Tuesday, August 19th. Finally, analysts at Credit Suisse downgraded shares of BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a research note on Tuesday, August 19th.
BHP Billiton Limited (NYSE:BHP) opened at 66.82 on Friday. BHP Billiton Limited has a 1-year low of $62.68 and a 1-year high of $73.91. The stock has a 50-day moving average of $70.99 and a 200-day moving average of $69.45. The company has a market cap of $177.8 billion and a P/E ratio of 12.89.
The company also recently announced a semiannual dividend, which is scheduled for Tuesday, September 23rd. Stockholders of record on Friday, September 5th will be paid a dividend of $1.24 per share. This represents a dividend yield of 3.32%. The ex-dividend date is Wednesday, September 3rd.
BHP Billiton Limited is diversified natural resources company. The Company generally operates through customer sector groups (NYSE:BHP).
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