BHP Billiton plc Rating Reiterated by Canaccord Genuity (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “hold” rating reiterated by Canaccord Genuity in a research note issued on Tuesday, American Banking & Market News reports. They currently have a GBX 2,040 ($34.19) price target on the stock. Canaccord Genuity’s target price points to a potential upside of 4.67% from the company’s current price.
Shares of BHP Billiton plc (LON:BLT) traded up 1.94% on Tuesday, hitting GBX 1949.00. 10,007,594 shares of the company’s stock traded hands. BHP Billiton plc has a 1-year low of GBX 1336.3101 and a 1-year high of GBX 2220.00. The stock’s 50-day moving average is GBX 1828.93 and its 200-day moving average is GBX 1867.93. The company’s market cap is £103.7 billion.
BLT has been the subject of a number of other recent research reports. Analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Tuesday. They now have a GBX 2,300 ($38.55) price target on the stock. Separately, analysts at Goldman Sachs reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Wednesday, February 12th. They now have a GBX 1,800 ($30.17) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Tuesday, February 11th. They now have a GBX 2,250 ($37.71) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have given a hold rating and sixteen have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 2,060.56 ($34.53).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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