Brokerages Set BHP Billiton Limited (BHP) Target Price at $48.00 – PressOracle
Shares of BHP Billiton Limited (NYSE:BHP) have earned an average recommendation of “Hold” from the fourteen brokerages that are currently covering the firm, MarketBeat.com reports. Nine analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. Zacks Investment Research downgraded BHP Billiton from a “strong-buy” rating to a “hold” rating in a research note on Monday, October 1st. Earnest Partners LLC now owns 1,685,456 shares of the mining company’s stock worth $84,290,000 after buying an additional 10,094 shares during the period. Northern Trust Corp raised its stake in BHP Billiton by 4.1% during the 2nd quarter. Northern Trust Corp now owns 1,658,255 shares of the mining company’s stock worth $82,930,000 after buying an additional 65,526 shares during the period.