BHP Billiton Given Buy Rating at Nomura (BLT)
BHP Billiton (LON:BLT)‘s stock had its “buy” rating restated by Nomura in a research note issued on Wednesday, Analyst Ratings Network reports. They currently have a GBX 2,200 ($35.59) price target on the stock. Nomura’s price objective would suggest a potential upside of 14.64% from the stock’s previous close.
BLT has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “overweight” rating on shares of BHP Billiton in a research note to investors on Monday, October 28th. They now have a GBX 2,140 ($34.62) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Friday, October 25th. They now have a GBX 2,250 ($36.40) price target on the stock. Finally, analysts at BNP Paribas reiterated an “underperform” rating on shares of BHP Billiton in a research note to investors on Thursday, October 24th. They now have a GBX 1,650 ($26.69) price target on the stock. Three analysts have rated the stock with a sell rating, ten have given a hold rating and sixteen have given a buy rating to the company. BHP Billiton presently has a consensus rating of “Hold” and an average target price of GBX 2,092.56 ($33.85).
BHP Billiton (LON:BLT) opened at 1919.00 on Wednesday. BHP Billiton has a 1-year low of GBX 1644.00 and a 1-year high of GBX 2251.50. The stock has a 50-day moving average of GBX 1867. and a 200-day moving average of GBX 1858.. The company’s market cap is £102.1 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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