BHP Billiton Limited (ADR) (BHP) is Upgraded by Macquarie to Outperform

BHP Billiton Limited (ADR) (BHP) was Upgraded by Macquarie to ” Outperform”. Earlier the firm had a rating of “Neutral ” on the company shares. Macquarie advised their investors in a research report released on Sep 20, 2016.

Many Wall Street Analysts have commented on BHP Billiton Limited (ADR). BHP Billiton Limited (ADR) was Upgraded by Argus to ” Buy” on Aug 30, 2016. BHP Billiton Limited (ADR) was Upgraded by Jefferies to ” Buy” on Aug 23, 2016. BHP Billiton Limited (ADR) was Upgraded by Macquarie to ” Neutral” on Aug 16, 2016.

BHP Billiton Limited (ADR) closed down -0.61 points or -1.99% at $29.97 with 2,708,463 shares getting traded on Friday. Post opening the session at $29.96, the shares hit an intraday low of $29.75 and an intraday high of $30.311 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

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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