BHP Billiton (NYSE:BBL) was downgraded by stock analysts at Deutsche Bank from a “buy” rating to a “hold” rating in a research note issued on Wednesday.
Several other brokerages have also commented on BBL. Jefferies Group restated a “hold” rating and issued a $40.00 price target on shares of BHP Billiton in a research note on Monday, January 8th. Zacks Investment Research lowered shares of BHP Billiton from a “buy” rating to a “hold” rating in a research note on Tuesday, December 12th. Five analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. BHP Billiton has a consensus rating of “Hold” and a consensus price target of $45.00.
Shares of BHP Billiton (BBL) opened at $42.21 on Wednesday. BHP Billiton has a 12 month low of $28.73 and a 12 month high of $45.43. The firm has a market cap of $121,190.00, a PE ratio of 17.23, a P/E/G ratio of 2.41 and a beta of 1.16. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 1.85.
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About BHP Billiton
BHP Billiton Plc 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.
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