BHP Billiton (NYSE:BHP) was upgraded by Goldman Sachs Group from a “sell” rating to a “neutral” rating in a research note issued on Wednesday, The Fly reports.
A number of other analysts also recently commented on BHP. Deutsche Bank downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. They noted that the move was a valuation call. Investec raised BHP Billiton from a “hold” rating to a “buy” rating in a research note on Friday, March 9th. Citigroup downgraded BHP Billiton from a “buy” rating to a “neutral” rating in a research note on Wednesday, February 21st. ValuEngine raised BHP Billiton from a “hold” rating to a “buy” rating in a research note on Friday, February 23rd. Finally, Zacks Investment Research downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Four research analysts have rated the stock with a sell rating, eight have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company’s stock. BHP Billiton has a consensus rating of “Hold” and a consensus target price of $38.97.
Shares of BHP Billiton (NYSE BHP) opened at $44.80 on Wednesday. BHP Billiton has a 12 month low of $33.37 and a 12 month high of $50.79. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.40 and a current ratio of 1.75.
BHP Billiton Company Profile
BHP Billiton Limited 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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