BHP Billiton (NYSE:BBL) was upgraded by equities researchers at Goldman Sachs from a “neutral” rating to a “buy” rating in a research note issued on Monday, MarketBeat.com reports.
Several other research analysts have also recently commented on the company. Zacks Investment Research upgraded BHP Billiton from a “hold” rating to a “buy” rating and set a $50.00 price target on the stock in a research note on Friday, January 19th. Deutsche Bank upgraded BHP Billiton from a “hold” rating to a “buy” rating in a research note on Wednesday, April 11th. Jefferies Group reiterated a “hold” rating and issued a $40.00 price target on shares of BHP Billiton in a research note on Monday, January 8th. Citigroup reiterated a “neutral” rating on shares of BHP Billiton in a research note on Wednesday, February 21st. Finally, Royal Bank of Canada upgraded BHP Billiton from an “underperform” rating to a “sector perform” rating in a research note on Tuesday, April 3rd. Five research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $44.00.
NYSE:BBL opened at $42.84 on Monday. 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 has a one year low of $28.73 and a one year high of $45.43. The stock has a market capitalization of $45,112.32, a P/E ratio of 16.93, a price-to-earnings-growth ratio of 2.39 and a beta of 1.21.
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BHP Billiton Company Profile
BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.
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