BHP Billiton Rating Reiterated by RBC Capital (BLT)
BHP Billiton (LON:BLT)‘s stock had its “outperform” rating reiterated by equities research analysts at RBC Capital in a research note issued to investors on Thursday, AnalystRatingsNetwork reports. They currently have a GBX 2,100 ($34.61) target price on the stock. RBC Capital’s target price would indicate a potential upside of 17.22% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. upgraded shares of BHP Billiton to a “buy” rating in a research note to investors on Thursday. They now have a GBX 2,100 ($34.61) price target on the stock. Separately, analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Tuesday. They now have a GBX 1,850 ($30.49) price target on the stock. Finally, analysts at Deutsche Bank cut their price target on shares of BHP Billiton from GBX 2,500 ($41.20) to GBX 2,400 ($39.55) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and eighteen have given a buy rating to the company. BHP Billiton currently has an average rating of “Buy” and an average target price of GBX 2,052.07 ($33.82).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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