BHP Billiton plc (LON:BLT)‘s stock had its “equal weight” rating reiterated by equities research analysts at Barclays PLC in a report issued on Thursday. They presently have a GBX 990 ($12.92) target price on the mining company’s stock. Barclays PLC’s price objective would indicate a potential downside of 19.68% from the company’s previous close.
Several other research analysts also recently issued reports on BLT. Morgan Stanley set a GBX 950 ($12.40) price objective on shares of BHP Billiton plc and gave the stock a “buy” rating in a report on Thursday, June 9th. JPMorgan Chase & Co. reiterated an “underweight” rating and set a GBX 800 ($10.44) target price on shares of BHP Billiton plc in a research report on Friday, June 10th. BNP Paribas reiterated a “neutral” rating and set a GBX 850 ($11.10) target price on shares of BHP Billiton plc in a research report on Monday, June 13th. Credit Suisse Group AG reiterated an “outperform” rating and set a GBX 1,050 ($13.71) target price on shares of BHP Billiton plc in a research report on Thursday, June 16th. Finally, Sanford C. Bernstein set a GBX 790 ($10.31) target price on shares of BHP Billiton plc and gave the company a “neutral” rating in a research report on Tuesday, June 21st. Four research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have assigned a buy rating to the stock. BHP Billiton plc currently has a consensus rating of “Hold” and a consensus price target of GBX 973.89 ($12.71).
BHP Billiton plc (LON:BLT) opened at 1235.6139 on Thursday. BHP Billiton plc has a 1-year low of GBX 571.60 and a 1-year high of GBX 1,255.00. The company’s 50 day moving average is GBX 1,063.91 and its 200-day moving average is GBX 932.42. The firm’s market cap is GBX 65.76 billion.
In other BHP Billiton plc news, insider Frew,Anita bought 4,500 shares of BHP Billiton plc stock in a transaction that occurred on Tuesday, September 6th. The stock was acquired at an average price of GBX 998 ($13.03) per share, for a total transaction 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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