Shares of BHP Billiton plc (NYSE:BBL) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $42.97 and last traded at $42.48, with a volume of 1036600 shares trading hands. The stock had previously closed at $42.15.
A number of analysts have recently issued reports on the stock. Zacks Investment Research raised shares of BHP Billiton from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Tuesday, December 19th. Jefferies Group set a $38.00 target price on shares of BHP Billiton and gave the company a “hold” rating in a research note on Thursday, October 5th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average target price of $40.50.
The company has a current ratio of 1.85, a quick ratio of 1.53 and a debt-to-equity ratio of 0.47.
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BHP Billiton Company Profile
BHP Billiton Plc 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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