BHP Billiton plc (LON:BLT) has been assigned a GBX 1,280 ($16.71) target price by stock analysts at Deutsche Bank AG in a research report issued on Thursday. The firm currently has a a “neutral” rating on the mining company’s stock. Deutsche Bank AG’s target price would suggest a potential upside of 6.31% from the company’s current price.
A number of other analysts also recently commented on the company. BNP Paribas reiterated a “neutral” rating and set a GBX 1,060 ($13.84) target price on shares of BHP Billiton plc in a research report on Thursday. Barclays PLC reiterated an “equal weight” rating and set a GBX 990 ($12.92) target price on shares of BHP Billiton plc in a research report on Thursday. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 1,150 ($15.01) target price on shares of BHP Billiton plc in a research report on Thursday. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 1,000 ($13.05) target price on shares of BHP Billiton plc in a research report on Thursday. Finally, Royal Bank Of Canada reiterated a “sector performer” rating on shares of BHP Billiton plc in a research report on Thursday. Four analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have assigned a buy rating to the company. BHP Billiton plc currently has a consensus rating of “Hold” and a consensus price target of GBX 983.75 ($12.84).
Shares of BHP Billiton plc (LON:BLT) opened at 1212.50 on Thursday. The company has a 50-day moving average price of GBX 1,055.18 and a 200-day moving average price of GBX 929.45. The stock’s market cap is GBX 64.53 billion. BHP Billiton plc has a 12 month low of GBX 571.60 and a 12 month high of GBX 1,217.00.
In related news, insider Frew,Anita bought 4,500 shares of the firm’s stock in a transaction dated Tuesday, September 6th. The stock was bought at an average price 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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