BHP Billiton Rating Increased to Outperform at RBC Capital (BHP)

By admin | 6 years ago

BHP Billiton (NYSE: BHP) was upgraded by investment analysts at RBC Capital (NYSE: RY) from a “sector perform” rating to an “outperform” rating in a note issued to investors on Friday.

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.

About the author