Citigroup Inc. upgraded shares of BHP Billiton (NYSE:BHP) from a neutral rating to a buy rating in a report released on Thursday,TheFlyOnTheWall.com reports. BHP Billiton Limited (ADR) (NYSE:BHP) stock opened at $66.57 in last session, and closed at $66.89, while the day range of stock is $66.44 – $66.89. The stock showed a positive weekly performance of 3.00%.
Rio Tinto plc (ADR) (NYSE:RIO)’‘s stock had its “outperform” rating reiterated by analysts at Macquarie in a research report issued to clients and investors on Friday, ARN reports. Rio Tinto plc (ADR) (NYSE:RIO) stock opened at $55.19, in last session and closed at $54.89, by gaining 3.59%. The 52 week range of the stock is $39.14 – $58.90. Company’s market capitalization is $101.46 billion.
Brazilian state-run energy giant, Petroleo Brasileiro SA (ADR) (NYSE:PBR) or Petrobras provided an update on its proven reserves in the pre-salt region that comprise over a quarter of the company’s total proven reserves. The pre-salt reserves saw a 43% year-over-year growth in 2013 from the 42 wells drilled in the region, in addition to the strong results from the platforms at the Campos and Santos Basins. Petroleo Brasileiro Petrobras SA (ADR) (NYSE:PBR) stock decreased -1.34% and finished the last session at $12.54. The EPS of the stock remained 2.05. Company’s market capitalization is $81.79 billion.
BP plc (ADR) (NYSE:BP) had its underweight rating reiterated by analysts at Grupo Santander. They currently have a GBX 509.92 ($8.40) target price on the stock. BP plc (ADR) (NYSE:BP) stock opened the session at $48.08, and closed the session at $47.91. The 52 week range of the stock remained $39.99 – $49.20 and the day range was $47.80 – $48.12.
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