BHP Billiton (BHP) Receiving Somewhat Positive News Coverage, Accern Reports

Press coverage about BHP Billiton (NYSE:BHP) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BHP Billiton earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news articles about the mining company an impact score of 45.8468135500906 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:

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BHP stock traded down $0.05 during midday trading on Friday, reaching $47.70. The stock had a trading volume of 2,705,918 shares, compared to its average volume of 2,620,647. The firm has a market capitalization of $76,582.35, a price-to-earnings ratio of 18.85, a price-to-earnings-growth ratio of 2.71 and a beta of 1.23. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.75 and a quick ratio of 1.40. BHP Billiton has a 52-week low of $33.37 and a 52-week high of $50.79.



The company also recently announced a Semi-Annual dividend, which was paid on Tuesday, March 27th. Investors of record on Friday, March 9th were paid a $1.10 dividend. This is a positive change from BHP Billiton’s previous Semi-Annual dividend of $0.86. The ex-dividend date was Thursday, March 8th. This represents a yield of 4.73%. BHP Billiton’s dividend payout ratio (DPR) is 86.96%.

A number of research firms have recently weighed in on BHP. Sanford C. Bernstein cut BHP Billiton from an “outperform” rating to a “market perform” rating and lowered their price objective for the stock from $49.55 to $47.00 in a research report on Monday, January 22nd. Cowen raised their price objective on BHP Billiton from $45.00 to $52.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 10th. Zacks Investment Research raised BHP Billiton from a “hold” rating to a “buy” rating and set a $54.00 price objective for the company in a research report on Tuesday, January 9th. ValuEngine raised BHP Billiton from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Finally, Goldman Sachs upgraded BHP Billiton from a “neutral” rating to a “buy” rating and reduced their target price for the stock from $46.90 to $46.80 in a research note on Sunday, April 15th. Two investment analysts have rated the stock with a sell rating, seven have issued a hold rating, nine have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $42.00.

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About BHP Billiton

BHP Billiton Limited 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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