Citigroup Inc. downgraded BHP Billiton Limited (ADR) (NYSE:BHP) to Sell in a statement released earlier today.
- Updated: October 12, 2016
Citigroup Inc. has downgraded BHP Billiton Limited (ADR) (NYSE:BHP) to Sell in a statement released on 10/12/2016.
Previously on 9/28/2016, Vetr Inc. released a statement about BHP Billiton Limited (ADR) (NYSE:BHP) raised the target price from $0.00 to $35.05. At the time, this indicated a possible upside of 0.03%.
Boasting a price of $35.01, BHP Billiton Limited (ADR) (NYSE:BHP) traded 0.09% higher on the day. The last stock close price is up 18.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. The company has recorded a 50-day moving average of $32.36 and a 200-day average of $29.55. Trading volume was down over the average, with 3,346,194 shares of BHP changing hands under the typical 3,506,410
BHP Billiton Limited (ADR) has 52 week low of $18.46 and a 52 week high of $36.82 and has a market cap of $0.
A total of 4 brokers have issued a report on the company. 1 firm rating the stock a strong buy, zero analysts rating the company a buy, four equity analysts rating the company a hold, zero brokerages rating the stock a underperform, and finally 0 brokers rating the stock a sell with a average stock price target of $27.97.
Brief Synopsis About BHP Billiton Limited (ADR) (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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