Headlines about BHP Billiton (NYSE:BBL) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. BHP Billiton earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned headlines about the mining company an impact score of 45.9195128825463 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
- The World’s Biggest Miner Is Building a Battery Supply Hub It Doesn’t Want (finance.yahoo.com)
- BHP Billiton – Enormous Mining Company With Strong Assets – Seeking Alpha (seekingalpha.com)
- BHP Billiton plc (BBL) Receives Average Recommendation of “Buy” from Analysts (americanbankingnews.com)
- BHP Billiton (BBL) Earns Hold Rating from Jefferies Group (americanbankingnews.com)
Shares of BHP Billiton (BBL) opened at $45.28 on Friday. BHP Billiton has a 52 week low of $28.73 and a 52 week high of $45.30. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.53 and a current ratio of 1.85.
A number of brokerages have issued reports on BBL. Jefferies Group reissued a “hold” rating and set a $40.00 target price on shares of BHP Billiton in a research note on Monday, January 8th. Zacks Investment Research raised shares of BHP Billiton from a “hold” rating to a “buy” rating and set a $43.00 target price for the company in a research note on Tuesday, December 19th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Buy” and an average price target of $41.50.
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About BHP Billiton
BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.
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