Zacks Rating on BHP Billiton plc (BBL)

BHP Billiton plc (BBL) : 1 brokerage houses believe that BHP Billiton plc (BBL) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on BHP Billiton plc (BBL). Zacks Investment Research suggests a Buy with a rank of 2. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 4 Wall Street Analysts endorse the stock as a Hold with a rating of 3.

BHP Billiton plc (BBL) : The consensus price target for BHP Billiton plc (BBL) is $33.58 for the short term with a standard deviation of $7.88. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $39, however, the pessimist price target for the company is $28.


Shares of BHP Billiton plc rose by 3.36% in the last five trading days and 16.74% for the last 4 weeks. BHP Billiton plc is up 17.66% in the last 3-month period. Year-to-Date the stock performance stands at 26.77%. BHP Billiton plc (NYSE:BBL): stock turned positive on Tuesday. Though the stock opened at $28.23, the bulls momentum made the stock top out at $28.69 level for the day. The stock recorded a low of $28.22 and closed the trading day at $28.32, in the green by 3.28%. The total traded volume for the day was 2,467,491. The stock had closed at $27.42 in the previous days trading.

BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments, including Petroleum and Potash, Copper, Iron Ore and Coal. The Companys 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.

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