Analyst Views | What do you think of BHP billiton's annual results?

JONATHAN JACKSON KILLIK & CO
Although risks to global GDP growth remain, the current rating of the stock remains attractive and we therefore reiterate our positive recommendation on the stock, which provides exposure to the themes of urbanisation and industrialisation across the developing world.

RICHARD KNIGHTS LIBERUM CAPITAL
In the medium term we expect supportive economic policy and a broad growth bias, particularly in China, to lead to measured improvement in the external environment beginning in the first half of the 2013 financial year. We maintain our view of a fourth-quarter demand uplift.

CAILEY BARKER NUMIS SECURITIES
A solid set of results. BHP is committed to 2013, but no major project approvals expected, with the first growth projects coming in 2015. The outlook is positive for the medium and long term with caution to the short term, where volatility in commodities is expected.