BHP Billiton Limited (ADR) (BHP) is Upgraded by BofA/Merrill to Buy

BHP Billiton Limited (ADR) (BHP) was Upgraded by BofA/Merrill to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. BofA/Merrill advised their investors in a research report released on Apr 18, 2016.

Many Wall Street Analysts have commented on BHP Billiton Limited (ADR). BHP Billiton Limited (ADR) was Downgraded by Macquarie to ” Underperform” on Mar 15, 2016. BHP Billiton Limited (ADR) was Downgraded by Jefferies to ” Hold” on Mar 9, 2016. Argus Initiated BHP Billiton Limited (ADR) on Mar 9, 2016 to “Hold”, Price Target of the shares are set at $28.

BHP Billiton Limited (ADR) opened for trading at $28.91 and hit $29.22 on the upside on Friday, eventually ending the session at $28.91, with a gain of 0.42% or 0.12 points. The heightened volatility saw the trading volume jump to 45,90,772 shares. Company has a market cap of $76,918 M.

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 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.

BHP Billiton Limited (ADR)

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