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BHP Billiton Limited (ADR) (NYSE:BHP) has been upgraded from Neutral to Outperform in a statement by Macquarie Research earlier today.

Yesterday BHP Billiton Limited (ADR) (NYSE:BHP) traded 1.67% higher at $31.24. The company’s 50-day average is $31.03 and its 200-day average is $28.74. The last stock price is up 7.87% relative to the 200-day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same time. Trade volume was was down over the average, with 1,320,485 shares of BHP changing hands under the typical 4,162,570 shares..

Macquarie Research has upgraded BHP Billiton Limited (ADR)(NYSE:BHP) from Neutral to Outperform in a report released 9/20/2016.

Performance Graphic:

BHP Billiton Limited (ADR) (NYSE:BHP)

Also covering BHP Billiton Limited (ADR)’s stock price target, a total of 4 brokerages have released a report on the company. The consensus target stock price is $27.97 with one analyst rating the company a strong buy, 0 rating the stock a buy, four firms rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.

BHP Billiton Limited (ADR) has a 52 week low of $18.46 and a 52 week high of $38.10 and has a market capitalization of $0.0.

Brief Synopsis About BHP Billiton Limited (ADR) (NYSE:BHP)

BHP Billiton Limited is a global resources company. The Company is engaged in exploration, development, production, processing and marketing of minerals, such as iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash. It is also engaged in exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments: Petroleum and Potash, Copper, Iron Ore and Coal. The Company’s Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, and uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal.

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