BHP Billiton (NYSE:BBL) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday.
BBL has been the topic of several other research reports. Barclays raised BHP Billiton from an “equal weight” rating to an “overweight” rating in a report on Friday, May 4th. Citigroup raised BHP Billiton from a “neutral” rating to a “buy” rating in a report on Friday, April 20th. Deutsche Bank lowered BHP Billiton from a “buy” rating to a “hold” rating in a report on Wednesday, February 21st. Zacks Investment Research lowered BHP Billiton from a “buy” rating to a “hold” rating in a report on Wednesday, January 17th. Finally, Goldman Sachs raised BHP Billiton from a “neutral” rating to a “buy” rating in a report on Monday, April 23rd. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $44.00.
Shares of BHP Billiton opened at $46.96 on Wednesday, MarketBeat reports. The stock has a market cap of $48.85 billion, a price-to-earnings ratio of 18.56, a PEG ratio of 2.58 and a beta of 1.21. BHP Billiton has a 1 year low of $46.80 and a 1 year high of $47.30. 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 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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for BHP Billiton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Billiton and related companies with MarketBeat.com's FREE daily email newsletter.