Impact of Brokerage Rating on BHP Billiton Limited(BHP)

Many BHP Billiton Limited(BHP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. BHP Billiton Limited (ADR) was Downgraded by Credit Suisse to Neutral on Dec 7, 2016. BHP Billiton Limited (ADR) was Upgraded by Citigroup to Buy on Dec 5, 2016.

BHP Billiton Limited (NYSE:BHP) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 1.86 by 7 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 3 Brokerage Firms have advised hold.

BHP Billiton Limited (NYSE:BHP) shares are expected to touch $42.5 in the short term. This short term price target has been shared by 2 analysts. However, the standard deviation of short term price estimate has been valued at 3.54. The target price could hit $45 on the higher end and $40 on the lower end.

BHP Billiton Limited (NYSE:BHP) rose 0.1% or 0.04 points on Tuesday and made its way into the gainers of the day. After trading began at $40.36 the stock was seen hitting $40.505 as a peak level and $39.92 as the lowest level. The stock ended up at $40.47. The daily volume was measured at 2,193,208 shares. The 52-week high of the share price is $41.79 and the 52-week low is $21.88. The company has a market cap of $107,700 million.

BHP Billiton is a leader in the global natural resources industry. The Group has high-value and industry-leading positions in aluminium, metallurgical coal, thermal coal, copper, ferro-alloys, iron ore and titanium minerals and also has substantial interests in oil, gas, nickel, diamonds and silver.

BHP

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