Breaking Finance News

Jefferies Group LLC downgraded BHP Billiton Limited (ADR) (NYSE:BHP) to Hold in a report released today.

Having a price of $34.88, BHP Billiton Limited (ADR) (NYSE:BHP) traded 0.27% higher on the day. The last closing price is down 6.89% from the 200-day moving average, compared to the S&P 500 Index which has increased 0.03% over the date range. BHP Billiton Limited (ADR) has recorded a 50-day moving average of $42.15 and a 200-day moving average of $38.38. 0 shares of the stock were exchanged, down from an average trading volume of 2,394,720

Jefferies Group LLC has downgraded BHP Billiton Limited (ADR) (NYSE:BHP) to Hold in a statement released on 6/08/2017.

See Chart Below

BHP Billiton Limited (ADR) (NYSE:BHP)

BHP Billiton Limited (ADR) has a 52 week low of $33.37 and a 52 week high of $44.62 with a P/E ratio of 18.58 The company’s market cap is currently $0.

In addition to Jefferies Group LLC reporting its target price, a total of 4 firms have issued a report on the stock. The consensus target price is $27.97 with 1 firm rating the stock a strong buy, 0 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *