BHP Billiton Stock Rating Reaffirmed by BNP Paribas (BLT)
BHP Billiton (LON:BLT)‘s stock had its “neutral” rating reaffirmed by analysts at BNP Paribas in a research report issued to clients and investors on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 1,900 ($29.71) price objective on the stock. BNP Paribas’ target price suggests a potential downside of 0.37% from the stock’s previous close.
Shares of BHP Billiton (LON:BLT) opened at 1940.50 on Tuesday. BHP Billiton has a one year low of GBX 1644.00 and a one year high of GBX 2251.50. The stock has a 50-day moving average of GBX 1911. and a 200-day moving average of GBX 1892.. The company’s market cap is £103.3 billion.
A number of other analysts have also recently weighed in on BLT. Analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Monday. They now have a GBX 2,350 ($36.74) price target on the stock. Separately, analysts at Investec reiterated a “hold” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Thursday, September 5th. They now have a GBX 1,997.82 ($31.24) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Tuesday, September 3rd. They now have a GBX 2,250 ($35.18) price target on the stock.
Three investment analysts have rated the stock with a sell rating, ten have issued a hold rating and sixteen have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,052.26 ($32.09).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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