BHP Billiton Stock Rating Reaffirmed by JPMorgan Chase & Co. (BLT)
BHP Billiton (LON:BLT)‘s stock had its “neutral” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a report issued on Thursday, Analyst Ratings Network.com reports. They currently have a GBX 2,250 ($36.98) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 26.23% from the company’s current price.
A number of other analysts have also recently weighed in on BLT. Analysts at Goldman Sachs Group Inc. reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Thursday, January 30th. They now have a GBX 1,800 ($29.58) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated an “outperform” rating on shares of BHP Billiton in a research note to investors on Wednesday, January 29th. They now have a GBX 2,250 ($36.98) price target on the stock. Finally, analysts at Nomura raised their price target on shares of BHP Billiton from GBX 2,200 ($36.15) to GBX 2,400 ($39.44) in a research note to investors on Tuesday, January 28th. They now have a “buy” rating on the stock. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and seventeen have assigned a buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of GBX 2,062.20 ($33.89).
BHP Billiton (LON:BLT) traded up 1.34% during mid-day trading on Thursday, hitting GBX 1782.5001. The stock had a trading volume of 8,599,838 shares. BHP Billiton has a one year low of GBX 1644.00 and a one year high of GBX 2251.50. The stock’s 50-day moving average is GBX 1820. and its 200-day moving average is GBX 1869.. The company’s market cap is £94.874 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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