Deutsche Bank AG set a GBX 1,280 ($15.84) target price on BHP Billiton plc (LON:BLT) in a research report sent to investors on Thursday morning. The firm currently has a a neutral rating on the mining company’s stock.
A number of other brokerages also recently commented on BLT. Beaufort Securities restated a hold rating on shares of BHP Billiton plc in a research note on Wednesday, June 22nd. Macquarie restated a neutral rating and issued a GBX 1,070 ($13.24) target price on shares of BHP Billiton plc in a research note on Tuesday, August 23rd. Morgan Stanley set a GBX 1,080 ($13.37) target price on BHP Billiton plc and gave the stock a buy rating in a research note on Wednesday, June 29th. JPMorgan Chase & Co. restated an underweight rating and issued a GBX 800 ($9.90) target price on shares of BHP Billiton plc in a research note on Friday, June 10th. Finally, Credit Suisse Group AG restated an outperform rating and issued a GBX 1,050 ($13.00) target price on shares of BHP Billiton plc in a research note on Thursday, June 16th. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 977.22 ($12.09).
BHP Billiton plc (LON:BLT) opened at 1275.50 on Thursday. The stock has a 50 day moving average price of GBX 1,069.99 and a 200-day moving average price of GBX 938.39. BHP Billiton plc has a one year low of GBX 571.60 and a one year high of GBX 1,279.50. The stock’s market cap is GBX 67.89 billion.
In other news, insider Frew,Anita bought 4,500 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were acquired at an average price of GBX 998 ($12.35) per share, for a total transaction 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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