The analysts noted that the move was a valuation call. BHP Billiton PLC had 454 analyst reports since July 22, 2015 according to SRatingsIntel.
BHP Billiton plc Sponsored ADR now has a P/E ratio of 16.40 and the market cap of the company is 96.39B.
The broker has just set a target of GBX 1660.00 on Bhp Billiton (LON:BLT) shares. Three brokerages rating the company a strong buy, four brokerages rating the company a buy, sixteen brokerages rating the company a hold, two brokerages rating the company a underperform, and finally one brokerage rating the company a sell with a 12-month price target of 11.79GBX. The rating was downgraded by Citigroup to “Sell” on Wednesday, October 12. Jefferies Group LLC restated a buy rating and set a GBX 1,800 ($22.43) target price on shares of BHP Billiton plc in a report on Wednesday, January 25th.
BHP Billiton plc (LON BLT) opened at 1330.50 on Thursday. The firm has a market capitalization of $111.32 billion, a PE ratio of 18.94 and a beta of 1.12. The company has a 50 day moving average price of GBX 1,400.26 and a 200 day moving average price of GBX 1,275.17.
BHP Billiton Plc, launched on May 9, 1996, is a global resources company. Exane BNP Paribas cut BHP Billiton Limited from a “neutral” rating to an “underperform” rating in a report on Thursday, September 7th. If you are viewing this report on another domain, it was illegally copied and republished in violation of USA & worldwide trademark & copyright law. The original version of this piece of content can be viewed at https://weekherald.com/2017/09/18/bhp-billiton-limited-target-of-unusually-large-options-trading-bhp.html.
The firm also recently announced a Semi-Annual dividend, which will be paid on Tuesday, September 26th. Shareholders of record on Thursday, September 7th will be issued a $0.43 dividend. This is an increase from BHP Billiton plc’s previous dividend of $0.40. This rating was revealed to clients and investors in an analyst report on Thursday, 14 September. This represents a yield of 2.37%. The short interest to Bhp Billiton Limited’s float is 0.47%. UBS Oconnor LLC now owns 444,414 shares of the mining company’s stock valued at $16,141,000 after purchasing an additional 206,529 shares in the last quarter. Proficio Capital Partners LLC increased its position in shares of BHP Billiton Limited by 122.8% in the 1st quarter. They now have a GBX 1,660 ($21.44) price target on the mining company’s stock. Scout Investments Inc. grew its stake in BHP Billiton Limited by 186.0% in the first quarter. As of the end of the quarter Jane Street Group, LLC had acquired a total of 431,155 shares growing its position 5,197.8%.
Short traders are more bearish on shares of the company recently if you take into consideration the motion in short interest. Institutional investors and hedge funds own 2.98% of the company’s stock.
BHP Billiton Plc is a member of the BHP Billiton Group. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. The Business’s segments include Petroleum, Copper, Iron Ore and Coal.