Macquarie upgraded BHP Billiton (NYSE:BHP) from Neutral to Outperform in a statement released earlier today.
- Updated: September 20, 2016
Yesterday BHP Billiton (NYSE:BHP) traded 1.67% higher at $30.49. BHP Billiton’s 50-day moving average is $31.03 and its two hundred day average is $28.74. With the last stock price up 7.87% from the 200-day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Volume of trade was was down over the average, with 1,320,485 shares of BHP changing hands under the typical 4,162,570 shares..
Macquarie has upgraded BHP Billiton(NYSE:BHP) from Neutral to Outperform in a statement released 9/20/2016.
See Chart Below:
Also covering BHP Billiton’s target price, a total of 4 firms have reported on the company. The one year target is $27.97 with one analyst rating the stock a strong buy, 0 rating the company a buy, four analysts rating the stock a hold, 0 rating the stock to underperform, and finally 0 firms rating the company as sell.
With a market capitalization of $0.0, BHP Billiton has a PE of 0 with a 52 week low of $18.46 and a 52 week high of $38.10.
General Information About BHP Billiton (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.
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.