BHP Billiton’s “Add” Rating Reaffirmed at AlphaValue (BLT)
BHP Billiton (LON:BLT)‘s stock had its “add” rating restated by equities research analysts at AlphaValue in a research note issued to investors on Thursday, StockRatingsNetwork.com reports. They currently have a GBX 1,963 ($31.67) price target on the stock. AlphaValue’s price objective suggests a potential upside of 7.50% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Monday. They now have a GBX 2,345 ($37.83) price target on the stock. Separately, analysts at Bank of America Corp. reiterated a “buy” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Friday, September 27th. They now have a GBX 2,200 ($35.50) price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of BHP Billiton (LON:BLT) in a research note to investors on Thursday, September 26th. They now have a GBX 2,250 ($36.30) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and seventeen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of GBX 2,067.77 ($33.36).
BHP Billiton (LON:BLT) traded down 1.37% on Thursday, hitting GBX 1801.00. The stock had a trading volume of 2,560,145 shares. BHP Billiton has a 1-year low of GBX 1644.00 and a 1-year high of GBX 2251.50. The stock’s 50-day moving average is GBX 1915. and its 200-day moving average is GBX 1883.. The company’s market cap is £95.859 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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