Stock Worth Watching: Is BHP Billiton Limited (ADR) a Buy? The Stock Rises Again

Stock Worth Watching: Is BHP Billiton Limited (ADR) a Buy? The Stock Rises Again

The stock of BHP Billiton Limited (ADR) (NYSE:BHP) is a huge mover today! About 812,709 shares traded hands. BHP Billiton Limited (ADR) (NYSE:BHP) has risen 26.70% since March 4, 2016 and is uptrending. It has outperformed by 18.66% the S&P500.
The move comes after 8 months positive chart setup for the $89.08 billion company. It was reported on Oct, 7 by We have $59.27 PT which if reached, will make NYSE:BHP worth $59.68 billion more.

BHP Billiton Limited (ADR) (NYSE:BHP) Ratings Coverage

Out of 18 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 8 rate it a “Buy”, 3 “Sell”, while 7 “Hold”. This means 44% are positive. BHP Billiton Limited (ADR) has been the topic of 34 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Clarkson Platou on Tuesday, November 17. The firm earned “Overweight” rating on Wednesday, October 7 by Morgan Stanley. IBC downgraded BHP Billiton Limited (ADR) (NYSE:BHP) on Friday, January 8 to “Sector Perform” rating. The firm has “Hold” rating given on Wednesday, August 5 by Liberum Capital. Cowen & Co maintained BHP Billiton Limited (ADR) (NYSE:BHP) rating on Wednesday, January 27. Cowen & Co has “Market Perform” rating and $25 price target. The rating was downgraded by Barclays Capital to “Underweight” on Tuesday, January 12. The firm has “Sell” rating given on Wednesday, July 22 by Liberum Capital. Citigroup upgraded BHP Billiton Limited (ADR) (NYSE:BHP) on Wednesday, January 13 to “Buy” rating. The stock of BHP Billiton Limited (ADR) (NYSE:BHP) has “Hold” rating given on Wednesday, March 9 by Argus Research. The firm earned “Neutral” rating on Wednesday, July 22 by JP Morgan.

According to Zacks Investment Research, “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.”

More news for BHP Billiton Limited (ADR) (NYSE:BHP) were recently published by:, which released: “3 Stocks to Watch on Wednesday: BHP Billiton Limited (ADR) (BHP), Gluu Mobile …” on May 04, 2016.‘s article titled: “Exxon Mobil Corporation Joins Hands With BHP Billiton Limited (ADR) For Energy …” and published on June 16, 2016 is yet another important article.

BHP Company Profile

BHP Billiton Limited, incorporated on August 13, 1885, is a global resources company. The Firm 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 the exploration, development, production and marketing of conventional and unconventional gas and oil. The Firm operates through divisions, including Petroleum and Potash, Copper, Iron Ore and Coal.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Leave a Comment