BHP Billiton PLC (NYSE:BBL) has been given a consensus rating of “Hold” by the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $32.00.

A number of research analysts have weighed in on the stock. Jefferies Group LLC cut shares of BHP Billiton PLC to a “hold” rating and set a $32.00 price objective for the company. in a report on Thursday, June 8th. ValuEngine cut shares of BHP Billiton PLC from a “strong-buy” rating to a “buy” rating in a report on Friday, June 2nd. Citigroup Inc. reaffirmed a “buy” rating on shares of BHP Billiton PLC in a report on Monday, May 29th. Finally, Zacks Investment Research cut shares of BHP Billiton PLC from a “hold” rating to a “sell” rating in a report on Tuesday, May 9th.

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Several hedge funds have recently added to or reduced their stakes in the company. Fox Run Management L.L.C. boosted its stake in BHP Billiton PLC by 187.0% in the first quarter. Fox Run Management L.L.C. now owns 26,400 shares of the mining company’s stock worth $822,000 after buying an additional 17,200 shares in the last quarter. Capstone Asset Management Co. boosted its stake in BHP Billiton PLC by 12.7% in the first quarter. Capstone Asset Management Co. now owns 65,627 shares of the mining company’s stock worth $2,044,000 after buying an additional 7,420 shares in the last quarter. Cutler Group LP boosted its stake in BHP Billiton PLC by 128.5% in the first quarter. Cutler Group LP now owns 9,438 shares of the mining company’s stock worth $293,000 after buying an additional 5,308 shares in the last quarter. Integrated Investment Consultants LLC boosted its stake in BHP Billiton PLC by 36.5% in the first quarter. Integrated Investment Consultants LLC now owns 4,292 shares of the mining company’s stock worth $134,000 after buying an additional 1,147 shares in the last quarter. Finally, Hudson Bay Capital Management LP bought a new stake in BHP Billiton PLC during the fourth quarter worth approximately $1,227,000. 4.39% of the stock is owned by institutional investors and hedge funds.

BHP Billiton PLC (BBL) opened at 29.18 on Friday. BHP Billiton PLC has a one year low of $22.39 and a one year high of $37.44. The company has a market cap of $77.65 billion, a P/E ratio of 31.31 and a beta of 1.06. The company has a 50-day moving average of $30.49 and a 200 day moving average of $32.45.

BHP Billiton PLC Company Profile

BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.

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