BHP Billiton plc (LON:BLT)‘s stock had its “equal weight” rating reiterated by research analysts at Barclays PLC in a report released on Thursday. They presently have a GBX 990 ($12.92) price target on the mining company’s stock. Barclays PLC’s target price points to a potential downside of 17.77% from the company’s previous close.
A number of other research analysts have also weighed in on BLT. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 1,000 ($13.05) price target on shares of BHP Billiton plc in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector performer” rating on shares of BHP Billiton plc in a research note on Thursday. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 1,150 ($15.01) price target on shares of BHP Billiton plc in a research note on Thursday. Deutsche Bank AG raised their price target on shares of BHP Billiton plc from GBX 1,230 ($16.06) to GBX 1,290 ($16.84) and gave the company a “hold” rating in a research note on Wednesday. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 1,280 ($16.71) price target on shares of BHP Billiton plc in a research note on Wednesday. Four equities 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. The stock currently has an average rating of “Hold” and a consensus target price of GBX 984.11 ($12.85).
BHP Billiton plc (LON:BLT) opened at 1198.50 on Thursday. The firm’s 50 day moving average price is GBX 1,055.18 and its 200 day moving average price is GBX 929.45. The stock’s market cap is GBX 63.79 billion. BHP Billiton plc has a 12 month low of GBX 571.60 and a 12 month high of GBX 1,217.00.
In other news, insider Frew,Anita acquired 4,500 shares of the firm’s stock in a transaction dated Tuesday, September 6th. The stock was acquired at an average cost 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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