BHP Billiton Given outperform Rating at Sanford C. Bernstein (BLT)
BHP Billiton (LON:BLT)‘s stock had its “outperform” rating reaffirmed by stock analysts at Sanford C. Bernstein in a report issued on Friday, Stock Ratings Network reports. They currently have a GBX 2,250 ($35.18) price target on the stock. Sanford C. Bernstein’s target price would suggest a potential upside of 17.00% from the stock’s previous close.
BHP Billiton (LON:BLT) opened at 1885.50 on Friday. BHP Billiton has a 52 week low of GBX 1644.00 and a 52 week high of GBX 2251.50. The stock’s 50-day moving average is GBX 1914. and its 200-day moving average is GBX 1890.. The company’s market cap is £100.4 billion.
Several other analysts have also recently commented on the stock. Analysts at BNP Paribas reiterated a “neutral” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Tuesday. They now have a GBX 1,900 ($29.71) price target on the stock. Separately, 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. Finally, 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.
Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and sixteen have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price 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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