Liberum Capital reissued their sell rating on shares of BHP Billiton plc (LON:BLT) in a report issued on Tuesday. The brokerage currently has a GBX 640 ($8.35) price objective on the mining company’s stock.
Several other equities research analysts have also recently issued reports 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 report on Thursday, June 30th. Barclays PLC boosted their target price 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 report on Wednesday, June 22nd. Citigroup Inc. reissued a neutral rating and issued a GBX 1,100 ($14.36) target price on shares of BHP Billiton plc in a report on Wednesday, August 24th. 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 report on Thursday, September 8th. Finally, Royal Bank Of Canada reissued a sector performer rating and issued a GBX 900 ($11.75) target price on shares of BHP Billiton plc in a report on Wednesday, June 22nd. Four research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have given a buy rating to the company. BHP Billiton plc currently has an average rating of Hold and an average price target of GBX 978.14 ($12.77).
Shares of BHP Billiton plc (LON:BLT) opened at 1090.00 on Tuesday. The stock’s market cap is GBX 58.01 billion. The firm’s 50-day moving average is GBX 1,030.42 and its 200 day moving average is GBX 909.35. BHP Billiton plc has a 12 month low of GBX 571.60 and a 12 month high of GBX 1,203.50.
In related news, insider Frew,Anita acquired 4,500 shares of the firm’s stock in a transaction that occurred on Tuesday, September 6th. The stock was purchased 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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