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BHP Billiton Limited BHP (NYSE:BHP) has been downgraded from Buy to Hold in a statement by Jefferies & Co earlier today.

Having a price of $35.45, BHP Billiton Limited BHP (NYSE:BHP) traded -1.47% lower on the day. The last closing price is down 6.66% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time period. The company has recorded a 50-day moving average of $42.17 and a 200-day moving average of $38.37. 3,144,405 shares of the stock traded hands, up from an average trading volume of 2,414,760

Jefferies & Co has downgraded BHP Billiton Limited BHP (NYSE:BHP) from Buy to Hold in a statement released on Thursday June 08, 2017.

See Chart Below

BHP Billiton Limited BHP (NYSE:BHP)

BHP Billiton Limited BHP has a 52 week low of $33.31 and a 52 week high of $44.62 with a P/E ratio of 18.53 The company’s market cap is currently $0.

In addition to Jefferies & Co reporting its stock price target, a total of 4 brokers have issued a research note on the company. The average stock price target is $27.97 with 1 broker rating the stock a strong buy, 0 brokers rating the stock a buy, 4 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About BHP Billiton Limited BHP (NYSE:BHP)

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. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, 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. Its businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing. The Company extracts and processes minerals, oil and gas from its production operations located primarily in Australia and the Americas. The Company manages product distribution through its global logistics chain, including freight and pipeline transportation. Its businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing.

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