BHP Billiton Limited (NYSE:BHP) has been assigned a consensus recommendation of “Hold” from the twenty ratings firms that are currently covering the stock, Marketbeat reports. Five investment analysts have rated the stock with a sell rating, seven have given a hold rating, seven have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $39.32.
A number of research analysts recently weighed in on the company. Zacks Investment Research raised BHP Billiton from a “hold” rating to a “buy” rating and set a $54.00 price objective on the stock in a research note on Tuesday. ValuEngine downgraded BHP Billiton from a “buy” rating to a “hold” rating in a research note on Friday, September 22nd. Finally, JPMorgan Chase & Co. raised BHP Billiton from an “underweight” rating to a “neutral” rating in a research note on Thursday, December 14th.
BHP Billiton (NYSE:BHP) opened at $48.84 on Wednesday. The company has a quick ratio of 1.53, a current ratio of 1.85 and a debt-to-equity ratio of 0.47. BHP Billiton has a one year low of $33.37 and a one year high of $49.18. The firm has a market capitalization of $123,440.00, a P/E ratio of 22.10, a P/E/G ratio of 3.33 and a beta of 1.14.
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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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