BHP Billiton Limited (ADR) Can’t Be More Safe. Option Traders Like It

 BHP Billiton Limited (ADR) Can't Be More Safe. Option Traders Like It

In today’s session BHP Billiton Limited (ADR) (BHP) registered an unusually high (1,935) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious BHP increase. With 1,935 contracts traded and 3264 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: BHP161216C00035000 closed last at: $1.21 or 17.7% down. About 2.16 million shares traded hands. BHP Billiton Limited (ADR) (NYSE:BHP) has risen 41.17% since April 5, 2016 and is uptrending. It has outperformed by 39.22% the S&P500.

BHP Billiton Limited (ADR) (NYSE:BHP) Ratings Coverage

Out of 19 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 7 rate it a “Buy”, 4 “Sell”, while 8 “Hold”. This means 37% are positive. $37 is the highest target while $15 is the lowest. The $22.67 average target is -38.14% below today’s ($36.65) stock price. BHP Billiton Limited (ADR) has been the topic of 36 analyst reports since July 22, 2015 according to StockzIntelligence Inc. The stock of BHP Billiton Limited (ADR) (NYSE:BHP) earned “Overweight” rating by Morgan Stanley on Wednesday, October 7. The firm has “Hold” rating given on Friday, October 2 by Societe Generale. The firm has “Overweight” rating by Barclays Capital given on Wednesday, July 29. The rating was upgraded by Citigroup to “Buy” on Wednesday, January 13. On Tuesday, January 12 the stock rating was downgraded by Barclays Capital to “Underweight”. The stock has “Market Perform” rating given by Cowen & Co on Thursday, October 29. The company was upgraded on Tuesday, December 15 by Credit Suisse. The rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, January 13. Citigroup downgraded BHP Billiton Limited (ADR) (NYSE:BHP) on Wednesday, October 12 to “Sell” rating. The firm has “Overweight” rating given on Wednesday, July 22 by Barclays Capital.

According to Zacks Investment Research, “BHP Billiton is a leader in the global natural resources industry. The Group has high-value and industry-leading positions in aluminium, metallurgical coal, thermal coal, copper, ferro-alloys, iron ore and titanium minerals and also has substantial interests in oil, gas, nickel, diamonds and silver.”

BHP Billiton Limited is a global resources company. The company has a market cap of $95.13 billion. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. It currently has negative earnings. The Company’s divisions include Petroleum, Copper, Iron Ore and Coal.

BHP Company Profile

BHP Billiton Limited, incorporated on August 13, 1885, is a global resources company. The Firm is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. The Company’s divisions include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of gas and oil. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal. The Firm extracts and processes minerals, gas and oil from its production activities located primarily in Australia and the Americas. It manages product distribution through its global logistics chain, including freight and pipeline transportation. The Firm sells its products through direct supply agreements with its clients and on global commodity exchanges. The Company’s businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing.

Another recent and important BHP Billiton Limited (ADR) (NYSE:BHP) news was published by Investorplace.com which published an article titled: “3 Stocks to Watch on Wednesday: BHP Billiton Limited (ADR) (BHP), Gluu Mobile …” on May 04, 2016.

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