BHP Billiton Rating Increased to Outperform at RBC Capital (BHP)
Shares of BHP Billiton traded up 2.21% during mid-day trading on Friday, hitting $63.87. BHP Billiton has a one year low of $62.54 and a one year high of $101.75. The company has a market cap of $170.0 billion and a P/E ratio of 7.34.
Separately, analysts at Zacks upgraded shares of BHP Billiton from an “underperform” rating to a “neutral” rating in a research note to investors on Thursday, March 22nd. They now have a $76.00 price target on the stock.
BHP Billiton Limited is a diversified natural resources company. The Company operates nine customer sector groups (CSGs): petroleum, aluminium, base metals (including uranium), diamonds and specialty products, stainless steel materials, iron ore, manganese, metallurgical coal and energy coal.