BHP Billiton Rating Reiterated by Jefferies Group (BLT)
BHP Billiton (LON:BLT)‘s stock had its “buy” rating restated by analysts at Jefferies Group in a research report issued to clients and investors on Friday, AmericanBankingNews.com reports. They currently have a GBX 2,300 ($37.80) price target on the stock. Jefferies Group’s target price suggests a potential upside of 27.41% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Thursday. They now have a GBX 2,250 ($36.98) 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 Thursday, January 30th. They now have a GBX 1,800 ($29.58) price target on the stock. Finally, 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. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and seventeen have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of GBX 2,058.20 ($33.82).
Shares of BHP Billiton (LON:BLT) opened at 1805.1799 on Friday. 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 1820. and a 200-day moving average of GBX 1869.. The company’s market cap is £96.081 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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