BHP Billiton Rating Reiterated by Sanford C. Bernstein (BLT)
BHP Billiton (LON:BLT)‘s stock had its “outperform” rating restated by stock analysts at Sanford C. Bernstein in a report issued on Tuesday, Stock Ratings News reports. They currently have a GBX 2,250 ($36.93) price objective on the stock. Sanford C. Bernstein’s price target suggests a potential upside of 19.27% from the stock’s previous close.
A number of other analysts have also recently weighed in on BLT. Analysts at UBS AG cut their price target on shares of BHP Billiton from GBX 2,090 ($34.31) to GBX 2,060 ($33.81) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton in a research note to investors on Thursday, January 16th. They now have a GBX 2,100 ($34.47) price target on the stock. Finally, analysts at Citigroup Inc. upgraded shares of BHP Billiton to a “buy” rating in a research note to investors on Thursday, January 16th. They now have a GBX 2,100 ($34.47) price target on the stock. Three research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eighteen have given a buy rating to the company. The company presently has a consensus rating of “Buy” and an average target price of GBX 2,052.30 ($33.69).
BHP Billiton (LON:BLT) opened at 1868.50 on Tuesday. 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 1821.31 and a 200-day moving average of GBX 1868.. The company’s market cap is £99.451 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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