Espirito Santo Investment Bank Research Reiterates Buy Rating for BHP Billiton (BLT)
BHP Billiton (LON:BLT)‘s stock had its “buy” rating reiterated by Espirito Santo Investment Bank Research in a research note issued on Tuesday, Analyst Ratings Net reports. They currently have a GBX 2,130 ($34.94) price target on the stock. Espirito Santo Investment Bank Research’s price objective would suggest a potential upside of 16.49% from the stock’s previous close.
Shares of BHP Billiton (LON:BLT) remained flat at GBX 1828.50 during trading on Tuesday. 4,353,601 shares of the company’s stock traded hands. 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 1840. and a 200-day moving average of GBX 1859.. The company’s market cap is £97.322 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Credit Suisse reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Friday, December 20th. They now have a GBX 2,250 ($36.90) price target on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton in a research note to investors on Wednesday, December 18th. They now have a GBX 2,100 ($34.44) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Friday, December 13th. Three equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 2,054.45 ($33.70).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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