Goldman Sachs Removes BHP Billiton (BHP) from Conviction Buy List
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Price: $93.63 +1.45%
Rating Summary:
8 Buy, 16 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
8 Buy, 16 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Earlier, Goldman Sachs removed BHP Billiton (NYSE: BHP) from its Conviction Buy List which follows relative outperformance in 2012. The firm is maintaining a Buy rating.
"As risk has come off in the mining sector we believe that quality first quartile returns companies such as BHP have outperformed," the analyst comments. "In a post QE3 environment we believe that higher risk names will outperform."
For an analyst ratings summary and ratings history on BHP Billiton click here. For more ratings news on BHP Billiton click here.
Shares of BHP Billiton closed at $68.34 yesterday.
"As risk has come off in the mining sector we believe that quality first quartile returns companies such as BHP have outperformed," the analyst comments. "In a post QE3 environment we believe that higher risk names will outperform."
For an analyst ratings summary and ratings history on BHP Billiton click here. For more ratings news on BHP Billiton click here.
Shares of BHP Billiton closed at $68.34 yesterday.
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