BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating restated by analysts at Jefferies Group in a research report issued on Thursday. They currently have a GBX 1,250 ($16.32) price target on the mining company’s stock. Jefferies Group’s price objective points to a potential upside of 7.53% from the company’s current price.
BLT has been the subject of several other research reports. RBC Capital Markets set a GBX 1,100 ($14.36) target price on shares of BHP Billiton plc and gave the stock a “neutral” rating in a research note on Thursday, September 8th. Macquarie upgraded shares of BHP Billiton plc to an “outperform” rating and set a GBX 1,260 ($16.45) target price for the company in a research note on Tuesday, September 20th. Citigroup Inc. reiterated a “neutral” rating and set a GBX 1,100 ($14.36) target price on shares of BHP Billiton plc in a research note on Wednesday, August 24th. Liberum Capital restated a “sell” rating and issued a GBX 640 ($8.35) price objective on shares of BHP Billiton plc in a research report on Tuesday, September 20th. Finally, Barclays PLC reduced their price objective on shares of BHP Billiton plc from GBX 1,135 ($14.82) to GBX 990 ($12.92) and set an “equal weight” rating for the company in a research report on Wednesday, September 21st. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have issued a buy rating to the stock. BHP Billiton plc presently has an average rating of “Hold” and an average price target of GBX 981.25 ($12.81).
BHP Billiton plc (LON:BLT) opened at 1172.00 on Thursday. The stock’s 50 day moving average price is GBX 1,041.99 and its 200 day moving average price is GBX 918.25. BHP Billiton plc has a one year low of GBX 571.60 and a one year high of GBX 1,203.50. The firm’s market capitalization is GBX 62.38 billion.
In other news, insider Frew,Anita purchased 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 6th. The shares were purchased at an average price of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).
BHP Billiton plc Company Profile
BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas.
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