Credit Suisse Group AG reiterated their outperform rating on shares of BHP Billiton plc (LON:BLT) in a research note issued to investors on Thursday. They currently have a GBX 1,150 ($14.23) price objective on the mining company’s stock.
A number of other equities analysts also recently weighed in on the stock. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 1,000 ($12.38) target price on shares of BHP Billiton plc in a research note on Thursday, October 6th. Royal Bank Of Canada reaffirmed a sector performer rating on shares of BHP Billiton plc in a research note on Thursday, October 6th. Macquarie reaffirmed an outperform rating and set a GBX 1,280 ($15.84) target price on shares of BHP Billiton plc in a research note on Wednesday, October 5th. Deutsche Bank AG raised their target price on shares of BHP Billiton plc from GBX 1,230 ($15.22) to GBX 1,290 ($15.97) and gave the company a hold rating in a research note on Wednesday, October 5th. Finally, Citigroup Inc. set a GBX 1,100 ($13.61) target price on shares of BHP Billiton plc and gave the company a neutral rating in a research note on Friday, September 30th. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 977.22 ($12.09).
Shares of BHP Billiton plc (LON:BLT) opened at 1239.00 on Thursday. The company’s market capitalization is GBX 65.95 billion. The company has a 50-day moving average price of GBX 1,074.56 and a 200-day moving average price of GBX 941.64. BHP Billiton plc has a 12 month low of GBX 571.60 and a 12 month high of GBX 1,279.50.
In related news, insider Frew,Anita acquired 4,500 shares of the stock in a transaction on Tuesday, September 6th. The stock was bought at an average cost of GBX 998 ($12.35) per share, with a total value of £44,910 ($55,581.68).
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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