BHP Billiton Stock Rating Reaffirmed by Espirito Santo Investment Bank Research (BLT)
BHP Billiton (LON:BLT)‘s stock had its “buy” rating reaffirmed by stock analysts at Espirito Santo Investment Bank Research in a report issued on Tuesday, American Banking News.com reports. They currently have a GBX 2,130 ($34.17) target price on the stock. Espirito Santo Investment Bank Research’s target price would suggest a potential upside of 18.20% from the stock’s previous close.
A number of other analysts have also recently weighed in on BLT. Analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of BHP Billiton in a research note to investors on Tuesday. They now have a GBX 2,500 ($40.11) price target on the stock. Separately, analysts at AlphaValue downgraded shares of BHP Billiton to a “reduce” rating in a research note to investors on Tuesday. They now have a GBX 1,732 ($27.79) price target on the stock, down previously from GBX 1,972.70 ($31.65). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton in a research note to investors on Tuesday. They now have a GBX 2,500 ($40.11) price target on the stock. Three analysts have rated the stock with a sell rating, nine have given a hold rating and seventeen have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 2,078.93 ($33.35).
BHP Billiton (LON:BLT) opened at 1767.4999 on Tuesday. 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 £94.076 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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