BBL - Shares of BHP Group PlcSponsored ADR (BBL) Rise to a New 52-Week High
BHP Group PlcSponsored ADR (NYSE:BBL) traded today at a new 52-week high of $68.05. This new high was reached on below average trading volume as 795,000 shares traded hands, while the average 30-day volume is approximately 1.4 million shares.
BHP is a leading global diversified miner supplying iron ore, copper, oil, gas, and metallurgical coal. A 2001 dual-listed merger of BHP Limited (now BHP Ltd.) and Billiton PLC (now BHP PLC) created the present-day BHP. Shareholders in each company have equivalent economic and voting rights in BHP as a whole. Major assets include Pilbara iron ore, Queensland coking coal, Escondida copper and conventional petroleum assets, principally in Australia and the Gulf of Mexico. Onshore U.S. oil and gas assets were sold in 2018.
Over the past year, BHP Group PlcSponsored ADR has traded in a range of $31.96 to $68.05 and is now at $67.47, 111% above that low.
There is potential upside of 2.4% for shares of BHP Group PlcSponsored ADR based on a current price of $67.47 and an average consensus analyst price target of $69.08.
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