BHP Billiton PLC (BBL) Sees Unusually-High Trading Volume
BHP Billiton PLC (NYSE:BBL) shares saw strong trading volume on Friday . 1,817,746 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 1,917,453 shares.The stock last traded at $28.28 and had previously closed at $27.87.
Several analysts have recently commented on the company. Citigroup Inc. reissued a “neutral” rating on shares of BHP Billiton PLC in a report on Friday, May 27th. Deutsche Bank AG reissued a “hold” rating on shares of BHP Billiton PLC in a report on Monday, July 11th. Credit Suisse Group AG reissued an “outperform” rating on shares of BHP Billiton PLC in a report on Friday, May 27th. Investec reissued a “hold” rating on shares of BHP Billiton PLC in a report on Friday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating on shares of BHP Billiton PLC in a report on Tuesday, June 21st. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $30.50.
The firm has a 50-day moving average price of $26.44 and a 200-day moving average price of $24.45. The company’s market capitalization is $73.84 billion.
The business also recently announced a dividend, which will be paid on Tuesday, September 20th. Stockholders of record on Friday, September 2nd will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Wednesday, August 31st.
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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