BHP 0.37% $43.40 bhp group limited

bhp upped to buy

  1. 112 Posts.
    By Steve Goldstein BHP UK:BLT LONDON (MarketWatch) -- BHP Billiton /quotes/comstock/13*!bhp/quotes/nls/bhp (BHP 62.30, -1.76, -2.75%) /quotes/comstock/23s!a:blt (UK:BLT 1,599, -29.96, -1.84%) was upped to buy from hold at UBS, which upgraded its commodity forecasts. "BHP Billiton is well leveraged to iron ore, coking coal and copper, our top three commodity picks, because of volume growth and price floor underpinned by Chinese demand and supply options. It also offers considerable direct exposure to crude oil, which is trading on the forward well 14% above our 2010-11 forecasts," the broker said.
 
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