Shares of BHP Billiton PLC (NYSE:BBL) fell 1.8% during trading on Friday . The stock traded as low as $24.30 and last traded at $24.44, with a volume of 1,056,528 shares trading hands. The stock had previously closed at $24.88.

Several equities analysts recently issued reports on BBL shares. Beaufort Securities reiterated a “hold” rating on shares of BHP Billiton PLC in a research note on Wednesday, June 22nd. Zacks Investment Research upgraded shares of BHP Billiton PLC from a “hold” rating to a “buy” rating and set a $31.00 target price for the company in a research note on Friday, April 29th. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of BHP Billiton PLC in a research note on Tuesday, June 21st. Deutsche Bank AG reiterated a “hold” rating on shares of BHP Billiton PLC in a research note on Monday, April 25th. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of BHP Billiton PLC in a research note on Friday, May 27th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $28.00.

The company has a 50 day moving average of $24.87 and a 200 day moving average of $23.11. The company’s market capitalization is $65.22 billion.

Other institutional investors recently made changes to their positions in the company. Airain ltd raised its position in shares of BHP Billiton PLC by 184.4% in the fourth quarter. Airain ltd now owns 267,125 shares of the mining company’s stock valued at $6,050,000 after buying an additional 173,207 shares in the last quarter. Pear Tree Advisors Inc. raised its position in shares of BHP Billiton PLC by 34.8% in the fourth quarter. Pear Tree Advisors Inc. now owns 1,136,100 shares of the mining company’s stock valued at $25,733,000 after buying an additional 293,200 shares in the last quarter. Polaris Capital Management LLC raised its position in shares of BHP Billiton PLC by 50.2% in the fourth quarter. Polaris Capital Management LLC now owns 3,164,648 shares of the mining company’s stock valued at $71,679,000 after buying an additional 1,058,020 shares in the last quarter. Advisors Asset Management Inc. raised its position in shares of BHP Billiton PLC by 20.9% in the fourth quarter. Advisors Asset Management Inc. now owns 85,518 shares of the mining company’s stock valued at $1,937,000 after buying an additional 14,764 shares in the last quarter. Finally, UBS Oconnor LLC raised its position in shares of BHP Billiton PLC by 29.5% in the fourth quarter. UBS Oconnor LLC now owns 843,526 shares of the mining company’s stock valued at $19,106,000 after buying an additional 192,283 shares in the last quarter.

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.

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