Weekly Investment Analysts’ Ratings Changes for BHP Billiton Limited (BHP)

A number of research firms have changed their ratings and price targets for BHP Billiton Limited (NYSE: BHP):

  • 7/14/2017 – BHP Billiton Limited was downgraded by analysts at HSBC Holdings plc from a “buy” rating to a “hold” rating.
  • 7/11/2017 – BHP Billiton Limited was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/5/2017 – BHP Billiton Limited was upgraded by analysts at Sanford C. Bernstein from a “market perform” rating to an “outperform” rating. They now have a $44.88 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 7/5/2017 – BHP Billiton Limited was upgraded by analysts at Deutsche Bank AG from a “hold” rating to a “buy” rating.
  • 6/30/2017 – BHP Billiton Limited was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 6/27/2017 – BHP Billiton Limited had its price target lowered by analysts at Argus from $46.00 to $34.00. They now have a “buy” rating on the stock.
  • 6/17/2017 – BHP Billiton Limited was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 6/12/2017 – BHP Billiton Limited was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Over the last one month, BHP Billiton’s shares underperformed the Zacks categorized Mining-Miscellaneous industry. Iron-ore price slump is expected to hurt BHP Billiton’s results in the quarters ahead. Moreover, other headwinds such as unfavorable government policies, outbreak of any natural disaster or stiff industry rivalry might weigh over top- and bottom-line performances in the upcoming quarters. Over the last 30 days, the Zacks Consensus Estimate for the stock moved south for both fiscal 2017 and fiscal 2018.”
  • 6/8/2017 – BHP Billiton Limited was downgraded by analysts at Jefferies Group LLC from a “buy” rating to a “hold” rating. They now have a $32.00 price target on the stock.
  • 6/8/2017 – BHP Billiton Limited was upgraded by analysts at UBS AG from a “neutral” rating to a “buy” rating.

BHP Billiton Limited (NYSE:BHP) opened at 39.64 on Tuesday. The company has a 50-day moving average price of $35.28 and a 200 day moving average price of $37.09. BHP Billiton Limited has a 12-month low of $27.83 and a 12-month high of $41.79. The stock has a market cap of $105.48 billion, a price-to-earnings ratio of 42.53 and a beta of 1.09.

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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