BHP Billiton Limited (NYSE:BHP)‘s stock had its “market perform” rating reissued by equities research analysts at Sanford C. Bernstein in a report issued on Saturday.

Several other equities research analysts have also commented on BHP. Barclays PLC reaffirmed a “hold” rating on shares of BHP Billiton Limited in a report on Saturday, October 8th. Jefferies Group reaffirmed a “buy” rating on shares of BHP Billiton Limited in a report on Friday, October 21st. Credit Suisse Group lowered shares of BHP Billiton Limited from an “outperform” rating to a “neutral” rating in a report on Wednesday, December 7th. Goldman Sachs Group, Inc. (The) reaffirmed a “neutral” rating on shares of BHP Billiton Limited in a report on Tuesday, November 29th. Finally, Argus upped their price target on shares of BHP Billiton Limited from $40.00 to $46.00 and gave the company a “hold” rating in a report on Thursday, December 1st. Fourteen research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. BHP Billiton Limited currently has a consensus rating of “Hold” and a consensus target price of $33.51.

Analyst Recommendations for BHP Billiton Limited (NYSE:BHP)

BHP Billiton Limited (NYSE:BHP) opened at 39.84 on Friday. The stock’s market cap is $106.02 billion. The stock’s 50 day moving average price is $37.56 and its 200-day moving average price is $33.68. BHP Billiton Limited has a 12 month low of $18.46 and a 12 month high of $40.20.

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Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Carroll Financial Associates Inc. increased its position in BHP Billiton Limited by 0.9% in the third quarter. Carroll Financial Associates Inc. now owns 5,061 shares of the mining company’s stock valued at $175,000 after buying an additional 47 shares during the period. Benedict Financial Advisors Inc. boosted its stake in shares of BHP Billiton Limited by 1.7% in the second quarter. Benedict Financial Advisors Inc. now owns 9,633 shares of the mining company’s stock valued at $276,000 after buying an additional 165 shares in the last quarter. Checchi Capital Advisers LLC boosted its stake in shares of BHP Billiton Limited by 3.0% in the second quarter. Checchi Capital Advisers LLC now owns 9,610 shares of the mining company’s stock valued at $274,000 after buying an additional 278 shares in the last quarter. Advisory Services Network LLC boosted its stake in shares of BHP Billiton Limited by 5.2% in the third quarter. Advisory Services Network LLC now owns 6,640 shares of the mining company’s stock valued at $230,000 after buying an additional 329 shares in the last quarter. Finally, Scotia Capital Inc. boosted its stake in shares of BHP Billiton Limited by 0.5% in the second quarter. Scotia Capital Inc. now owns 78,719 shares of the mining company’s stock valued at $2,253,000 after buying an additional 378 shares in the last quarter. Hedge funds and other institutional investors own 2.74% of the company’s stock.

BHP Billiton Limited Company Profile

BHP Billiton Limited is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.

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