BHP Billiton plc (NYSE:BBL) has been given an average rating of “Buy” by the six analysts that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $41.50.

Several research firms have issued reports on BBL. Jefferies Group reissued a “hold” rating and issued a $40.00 price objective on shares of BHP Billiton in a research report on Monday. Zacks Investment Research cut shares of BHP Billiton from a “buy” rating to a “hold” rating in a research report on Tuesday, December 12th.

A number of institutional investors have recently added to or reduced their stakes in BBL. Group One Trading L.P. raised its holdings in shares of BHP Billiton by 668.8% in the 3rd quarter. Group One Trading L.P. now owns 3,075 shares of the mining company’s stock valued at $109,000 after purchasing an additional 2,675 shares in the last quarter. Knowledge Leaders Capital LLC raised its holdings in shares of BHP Billiton by 59.3% in the 3rd quarter. Knowledge Leaders Capital LLC now owns 3,939 shares of the mining company’s stock valued at $140,000 after purchasing an additional 1,467 shares in the last quarter. Acrospire Investment Management LLC raised its holdings in shares of BHP Billiton by 113.6% in the 2nd quarter. Acrospire Investment Management LLC now owns 4,700 shares of the mining company’s stock valued at $145,000 after purchasing an additional 2,500 shares in the last quarter. Commonwealth Equity Services Inc bought a new stake in shares of BHP Billiton in the 3rd quarter valued at about $217,000. Finally, Raymond James Financial Services Advisors Inc. raised its holdings in shares of BHP Billiton by 14.0% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 7,719 shares of the mining company’s stock valued at $237,000 after purchasing an additional 947 shares in the last quarter. 4.39% of the stock is owned by institutional investors.

BHP Billiton (NYSE:BBL) opened at $43.18 on Tuesday. BHP Billiton has a 52 week low of $28.73 and a 52 week high of $43.22. The company has a current ratio of 1.85, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47. The company has a market cap of $123,930.00, a PE ratio of 19.54, a P/E/G ratio of 2.93 and a beta of 1.05.

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BHP Billiton 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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