BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reiterated by Jefferies Group in a note issued to investors on Thursday. They presently have a GBX 1,250 ($16.32) target price on the mining company’s stock. Jefferies Group’s price objective points to a potential upside of 13.95% from the company’s current price.
BLT has been the subject of several other reports. RBC Capital Markets set a GBX 1,100 ($14.36) price target on BHP Billiton plc and gave the company a “neutral” rating in a research note on Thursday, September 8th. Macquarie upgraded shares of BHP Billiton plc to an “outperform” rating and set a GBX 1,260 ($16.45) price objective for the company in a research report on Tuesday, September 20th. Citigroup Inc. restated a “neutral” rating and set a GBX 1,100 ($14.36) price objective on shares of BHP Billiton plc in a research report on Wednesday, August 24th. Liberum Capital restated a “sell” rating and set a GBX 640 ($8.35) price objective on shares of BHP Billiton plc in a research report on Tuesday, September 20th. Finally, Investec restated a “hold” rating on shares of BHP Billiton plc in a research report on Thursday, August 25th. Four investment analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 981.25 ($12.81).
BHP Billiton plc (LON:BLT) opened at 1097.00 on Thursday. The firm has a 50-day moving average price of GBX 1,035.25 and a 200-day moving average price of GBX 914.74. BHP Billiton plc has a 52 week low of GBX 571.60 and a 52 week high of GBX 1,203.50. The stock’s market cap is GBX 58.39 billion.
In related news, insider Frew,Anita acquired 4,500 shares of the business’s stock in a transaction dated Tuesday, September 6th. The shares were 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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