BHP Billiton (NYSE:BHP) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Friday.
Several other equities analysts have also issued reports on the company. Deutsche Bank lowered BHP Billiton from a “buy” rating to a “hold” rating in a research note on Monday, September 10th. Zacks Investment Research lowered BHP Billiton from a “buy” rating to a “hold” rating in a research note on Monday, September 10th. Investec lowered BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, June 15th. JPMorgan Chase & Co. upgraded BHP Billiton from a “neutral” rating to an “overweight” rating in a research note on Thursday, June 7th. Finally, Bank of America lowered BHP Billiton from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 5th. Nine analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $49.20.
Shares of BHP opened at $45.47 on Friday. BHP Billiton has a 12-month low of $39.92 and a 12-month high of $52.62. The company has a debt-to-equity ratio of 0.40, a quick ratio of 2.24 and a current ratio of 2.51. The stock has a market cap of $71.73 billion, a P/E ratio of 13.53, a PEG ratio of 2.47 and a beta of 1.17.
About BHP Billiton
BHP Billiton Limited 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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To view ValuEngine’s full report, visit ValuEngine’s official website.
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