Citigroup Inc. set a GBX 1,100 ($14.36) price objective on BHP Billiton plc (LON:BLT) in a report released on Friday morning. The brokerage currently has a a neutral rating on the mining company’s stock.
Several other equities research analysts also recently commented on BLT. Credit Suisse Group AG reiterated an outperform rating and set a GBX 1,050 ($13.71) price objective on shares of BHP Billiton plc in a research note on Thursday, June 30th. Barclays PLC lifted their price objective on shares of BHP Billiton plc from GBX 875 ($11.42) to GBX 925 ($12.07) and gave the stock an equal weight rating in a research note on Wednesday, June 22nd. RBC Capital Markets set a GBX 1,100 ($14.36) price objective on shares of BHP Billiton plc and gave the stock a neutral rating in a research note on Thursday, September 8th. Royal Bank Of Canada reiterated a sector performer rating and set a GBX 900 ($11.75) price objective on shares of BHP Billiton plc in a research note on Wednesday, June 22nd. Finally, Deutsche Bank AG reiterated a hold rating and set a GBX 880 ($11.49) price objective on shares of BHP Billiton plc in a research note on Wednesday, June 22nd. Four equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. BHP Billiton plc presently has an average rating of Hold and a consensus target price of GBX 981.25 ($12.81).
BHP Billiton plc (LON:BLT) opened at 1181.50 on Friday. The firm’s 50 day moving average is GBX 1,041.99 and its 200 day moving average is GBX 918.25. The company’s market cap is GBX 62.88 billion. BHP Billiton plc has a 12-month low of GBX 571.60 and a 12-month high of GBX 1,203.50.
In other news, insider Frew,Anita acquired 4,500 shares of the company’s stock in a transaction on Tuesday, September 6th. The shares were bought at an average cost of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).
About BHP Billiton plc
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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