BHP Billiton PLC (NYSE:BBL)‘s stock had its “sell” rating restated by analysts at Citigroup Inc. in a research note issued to investors on Thursday.

Several other analysts also recently commented on the company. RBC Capital Markets reaffirmed a “sector perform” rating on shares of BHP Billiton PLC in a research note on Friday, October 7th. Zacks Investment Research raised BHP Billiton PLC from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a research note on Tuesday, October 4th. Deutsche Bank AG reaffirmed a “hold” rating on shares of BHP Billiton PLC in a research note on Wednesday, September 7th. Investec reaffirmed a “hold” rating on shares of BHP Billiton PLC in a research note on Friday, August 26th. Finally, Jefferies Group raised BHP Billiton PLC from a “hold” rating to a “buy” rating and raised their price objective for the stock from $28.00 to $33.00 in a research note on Tuesday, August 23rd. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. BHP Billiton PLC presently has an average rating of “Hold” and a consensus target price of $33.50.

Analyst Recommendations for BHP Billiton PLC (NYSE:BBL)

Shares of BHP Billiton PLC (NYSE:BBL) opened at 30.43 on Thursday. The firm’s 50-day moving average is $28.27 and its 200-day moving average is $25.90. The company’s market capitalization is $80.98 billion. BHP Billiton PLC has a 12-month low of $16.36 and a 12-month high of $35.82.

The business also recently disclosed a dividend, which was paid on Tuesday, September 20th. Stockholders of record on Friday, September 2nd were issued a $0.28 dividend. The ex-dividend date was Wednesday, August 31st.

Institutional investors have recently made changes to their positions in the stock. Emerald Acquisition Ltd. bought a new position in shares of BHP Billiton PLC during the second quarter valued at $16,999,000. Polaris Capital Management LLC boosted its position in shares of BHP Billiton PLC by 15.8% in the second quarter. Polaris Capital Management LLC now owns 4,034,548 shares of the mining company’s stock valued at $102,397,000 after buying an additional 549,800 shares during the last quarter. GLG Partners LP boosted its position in shares of BHP Billiton PLC by 73.4% in the second quarter. GLG Partners LP now owns 1,287,581 shares of the mining company’s stock valued at $32,679,000 after buying an additional 545,060 shares during the last quarter. Wellington Management Group LLP boosted its position in shares of BHP Billiton PLC by 3,713.4% in the first quarter. Wellington Management Group LLP now owns 483,313 shares of the mining company’s stock valued at $10,986,000 after buying an additional 470,639 shares during the last quarter. Finally, Nikko Asset Management Americas Inc. boosted its position in shares of BHP Billiton PLC by 30.6% in the second quarter. Nikko Asset Management Americas Inc. now owns 1,796,112 shares of the mining company’s stock valued at $43,825,000 after buying an additional 420,400 shares during the last quarter. Institutional investors own 3.52% of the company’s stock.

About BHP Billiton PLC

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.

5 Day Chart for NYSE:BBL

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