BHP Billiton Ltd. (NYSE:BHP)’s share price was up 5.6% on Friday . The stock traded as high as $29.36 and last traded at $29.34, with a volume of 5,296,139 shares trading hands. The stock had previously closed at $27.78.

Several equities analysts have weighed in on BHP shares. Vetr upgraded BHP Billiton from a “strong sell” rating to a “buy” rating and set a $27.17 price objective on the stock in a research note on Thursday, March 31st. Bank of America Corp. upgraded BHP Billiton from a “neutral” rating to a “buy” rating in a research note on Monday, April 18th. Zacks Investment Research upgraded BHP Billiton from a “hold” rating to a “buy” rating and set a $32.00 target price on the stock in a research note on Tuesday, June 21st. Investec upgraded BHP Billiton from a “sell” rating to a “hold” rating in a research note on Wednesday, April 20th. Finally, Cowen and Company reiterated a “market perform” rating and set a $32.00 target price (up from $25.00) on shares of BHP Billiton in a research note on Wednesday, May 4th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating, five have given a buy rating and one has assigned a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $27.76.

The firm’s 50 day moving average is $27.74 and its 200 day moving average is $25.97. The company’s market cap is $78.07 billion.

Several large investors have added to or reduced their stakes in BHP. Commerzbank Aktiengesellschaft FI boosted its stake in BHP Billiton by 1.4% in the fourth quarter. Commerzbank Aktiengesellschaft FI now owns 72,367 shares of the mining company’s stock valued at $1,864,000 after buying an additional 1,008 shares during the period. Comerica Bank boosted its stake in BHP Billiton by 4.4% in the fourth quarter. Comerica Bank now owns 86,879 shares of the mining company’s stock valued at $1,907,000 after buying an additional 3,701 shares during the period. Bank of Montreal Can boosted its stake in BHP Billiton by 35.6% in the fourth quarter. Bank of Montreal Can now owns 102,296 shares of the mining company’s stock valued at $2,635,000 after buying an additional 26,842 shares during the period. BNP Paribas Arbitrage SA boosted its stake in BHP Billiton by 144.5% in the fourth quarter. BNP Paribas Arbitrage SA now owns 106,920 shares of the mining company’s stock valued at $2,754,000 after buying an additional 63,192 shares during the period. Finally, Sei Investments Co. boosted its stake in BHP Billiton by 4.5% in the fourth quarter. Sei Investments Co. now owns 278,034 shares of the mining company’s stock valued at $7,163,000 after buying an additional 11,879 shares during the period.

BHP Billiton Limited is a global resources company. The Company 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 exploration, development, production and marketing of conventional and unconventional oil and gas.

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