Tronox Limited (TROX) Trades at $19.53 After Triangle; 11 Analysts Covering BHP Billiton Limited (BHP)

Tronox Limited (NYSE:TROX) Logo

Among 26 analysts covering BHP Billiton Limited (ADR) (NYSE:BHP), 11 have Buy rating, 3 Sell and 12 Hold. Therefore 42% are positive. BHP Billiton Limited (ADR) had 63 analyst reports since July 22, 2015 according to SRatingsIntel. The stock has “Underperform” rating by Raymond James on Friday, September 1. Liberum Capital maintained the shares of BHP in report on Wednesday, July 22 with “Sell” rating. The company was upgraded on Wednesday, April 4 by Citigroup. The rating was upgraded by Morgan Stanley to “Overweight” on Wednesday, October 7. The company was downgraded on Wednesday, March 9 by Jefferies. On Thursday, September 24 the stock rating was maintained by Citigroup with “Buy”. Jefferies downgraded BHP Billiton Limited (NYSE:BHP) on Thursday, June 8 to “Hold” rating. Credit Suisse upgraded the stock to “Outperform” rating in Tuesday, December 15 report. The stock has “Sell” rating by Liberum Capital on Thursday, October 29. The stock of BHP Billiton Limited (NYSE:BHP) has “Buy” rating given on Wednesday, January 13 by Citigroup. See BHP Billiton Limited (NYSE:BHP) latest ratings:

04/05/2018 Broker: Barclays Capital Old Rating: Equal-Weight New Rating: Overweight Upgrade
16/04/2018 Broker: Goldman Sachs Old Rating: Neutral New Rating: Buy Upgrade
10/04/2018 Broker: Deutsche Bank Rating: Buy Upgrade
04/04/2018 Broker: Citigroup Old Rating: Neutral New Rating: Buy Upgrade
04/04/2018 Broker: RBC Capital Markets Old Rating: Underperform New Rating: Sector Perform Upgrade
23/03/2018 Broker: Cowen & Co Rating: Hold New Target: $50.0000 Maintain
21/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Neutral Downgrade
20/02/2018 Broker: Deutsche Bank Rating: Hold Downgrade
22/01/2018 Broker: Bernstein Old Rating: Outperform New Rating: Market Perform Downgrade
09/01/2018 Broker: Cowen & Co Rating: Hold New Target: $52.0 Maintain

Tronox Limited (TROX) formed triangle with $20.70 target or 6.00% above today’s $19.53 share price. Tronox Limited (TROX) has $2.39B valuation. The stock decreased 0.91% or $0.18 during the last trading session, reaching $19.53. About 49,982 shares traded. Tronox Limited (NYSE:TROX) has risen 10.27% since June 12, 2017 and is uptrending. It has underperformed by 2.30% the S&P500. Some Historical TROX News: ; 07/03/2018 – TRONOX WORKING WITH U.S, EUROPE TO FIND RESOLUTION TO CONCERNS; 25/04/2018 – South Africa’s Exxaro to dispose of remaining stake in Tronox; 25/04/2018 – EU mergers and takeovers (April 25); 09/05/2018 – Tronox Declares Dividend of $0.045; 07/03/2018 TRONOX WITHDRAWS CASE AGAINST FTC OVER MERGER CHALLENGE; 04/04/2018 – Tronox Names Jeffrey N. Neuman Senior Vice President, Secretary and General Counsel; 20/03/2018 – TRONOX LTD – STATEMENT OF OBJECTIONS FROM EUROPEAN COMMISSION DOES NOT PREJUDGE OUTCOME OF INVESTIGATION AND/OR NEED TO OFFER ANY PARTICULAR REMEDY; 20/03/2018 – Tronox Gets Pushback from European Regulators on Cristal Deal; 21/03/2018 – TRONOX IN BUY PACT TO SELL ELECTROLYTIC OPS FOR $13M CASH; 27/03/2018 – Tronox at Barclays, Chemical ROC Stars Conference Tomorrow

BHP Billiton Limited discovers, acquires, develops, and markets natural resources worldwide. The company has market cap of $137.53 billion. It operates through four divisions: Petroleum, Copper, Iron Ore, and Coal. It has a 29.05 P/E ratio. The firm explores for, develops, produces, and markets gas and oil in the United States Gulf of Mexico, Australia, and Trinidad and Tobago.

More notable recent BHP Billiton Limited (NYSE:BHP) news were published by: Seekingalpha.com which released: “BHP responds to union contract proposal at Escondida mine” on June 11, 2018, also Seekingalpha.com with their article: “The Curious Case Of Freeport-McMoRan” published on June 11, 2018, Fool.com published: “Big Oil Bids Billions for BHP Billiton’s Shale Assets” on June 06, 2018. More interesting news about BHP Billiton Limited (NYSE:BHP) were released by: Seekingalpha.com and their article: “Bloomberg: BHP receives bids valuing US shale unit at up to $9B” published on June 06, 2018 as well as Globenewswire.com‘s news article titled: “Detailed Research: Economic Perspectives on Koninklijke Philips NV, Corporacion America Airports SA, BHP Billiton …” with publication date: June 08, 2018.

The stock decreased 1.25% or $0.65 during the last trading session, reaching $51.18. About 212,137 shares traded. BHP Billiton Limited (NYSE:BHP) has risen 35.38% since June 12, 2017 and is uptrending. It has outperformed by 22.81% the S&P500. Some Historical BHP News: ; 11/04/2018 – BHP BILLITON PLC BLT.L : DEUTSCHE BANK RAISES TO BUY FROM HOLD; 20/03/2018 – BHP IRON ORE PRESIDENT EDGAR BASTO SPEAKS AT PERTH CONFERENCE; 18/04/2018 – BHP 3Q WA IRON ORE OUTPUT; 15/05/2018 – BHP BILLITON PLC BLT.L CEO MACKENZIE SAYS CO IS MAKING GOOD PROGRESS WITH EXIT FROM ITS ONSHORE US BUSINESS; 18/04/2018 – PROSECUTORS, SAMARCO TO ASK FOR 30 DAYS TO CONCLUDE PLAN, WHICH IS PART OF POSSIBLE DEAL TO END ALL SUITS RELATED TO THE DISASTER IN BRAZIL; 29/05/2018 – BHP-Mitsubishi JV to sell Australia coal mine to Japan’s Sojitz; 06/03/2018 – CERAWEEK-Mexican offshore Trion project partners weigh floating oil facility; 18/04/2018 – BHP SAYS SECURED OPTION TO BUY ADDITIONAL 10% OF SCARBOROUGH; 25/04/2018 – Pioneer Equity Income Adds Verizon, Exits BHP; 15/03/2018 – BHP and activist Elliott eye Unilever’s progress in battle over dual structure

Among 10 analysts covering Tronox (NYSE:TROX), 8 have Buy rating, 1 Sell and 1 Hold. Therefore 80% are positive. Tronox has $35.0 highest and $3.75 lowest target. $23.50’s average target is 20.33% above currents $19.53 stock price. Tronox had 23 analyst reports since August 6, 2015 according to SRatingsIntel. BMO Capital Markets initiated the shares of TROX in report on Tuesday, March 27 with “Buy” rating. The stock of Tronox Limited (NYSE:TROX) has “Sell” rating given on Wednesday, April 6 by UBS. The rating was maintained by UBS on Thursday, August 4 with “Sell”. Alembic maintained Tronox Limited (NYSE:TROX) rating on Monday, July 31. Alembic has “Buy” rating and $2300 target. Alembic maintained it with “Buy” rating and $2300 target in Monday, June 5 report. Alembic maintained Tronox Limited (NYSE:TROX) rating on Tuesday, August 8. Alembic has “Buy” rating and $2300 target. As per Thursday, March 1, the company rating was maintained by Alembic. Wells Fargo initiated it with “Buy” rating and $28.0 target in Wednesday, February 7 report. The firm has “Overweight” rating given on Thursday, January 25 by JP Morgan. RBC Capital Markets maintained it with “Outperform” rating and $16 target in Thursday, August 13 report.

BHP Billiton Limited (NYSE:BHP) Ratings Chart