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

A number of analysts have recently weighed in on BBL shares. Zacks Investment Research lowered shares of BHP Billiton PLC from a “buy” rating to a “hold” rating in a report on Friday, June 17th. Deutsche Bank AG reiterated a “hold” rating on shares of BHP Billiton PLC in a report on Monday, May 9th. Citigroup Inc. reiterated a “neutral” rating on shares of BHP Billiton PLC in a report on Friday, May 27th. Beaufort Securities reiterated a “hold” rating on shares of BHP Billiton PLC in a report on Wednesday, June 22nd. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of BHP Billiton PLC in a report on Tuesday, June 21st. One analyst has rated the stock with a sell rating, six have given a hold rating and four have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $28.00.

The company’s market capitalization is $65.22 billion. The company has a 50 day moving average of $24.89 and a 200 day moving average of $23.13.

Several hedge funds have bought and sold shares of the company. Airain ltd increased its stake in BHP Billiton PLC by 184.4% in the fourth quarter. Airain ltd now owns 267,125 shares of the mining company’s stock worth $6,050,000 after buying an additional 173,207 shares during the period. Pear Tree Advisors Inc. increased its stake in 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 worth $25,733,000 after buying an additional 293,200 shares during the period. Polaris Capital Management LLC increased its stake in 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 worth $71,679,000 after buying an additional 1,058,020 shares during the period. Advisors Asset Management Inc. increased its stake in 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 worth $1,937,000 after buying an additional 14,764 shares during the period. Finally, UBS Oconnor LLC increased its stake in BHP Billiton PLC by 29.5% in the fourth quarter. UBS Oconnor LLC now owns 843,526 shares of the mining company’s stock worth $19,106,000 after buying an additional 192,283 shares during the period.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.