BHP Billiton plc Stock Rating Reaffirmed by Jefferies Group (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Group in a research report issued to clients and investors on Tuesday, Stock Ratings Network.com reports. They currently have a GBX 2,300 ($38.55) price objective on the stock. Jefferies Group’s price target indicates a potential upside of 18.01% from the stock’s previous close.
BLT has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton plc in a research note on Tuesday, February 11th. They now have a GBX 2,100 ($35.19) price target on the stock. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of GBX 2,060.56 ($34.53).
Shares of BHP Billiton plc (LON:BLT) traded up 1.94% during mid-day trading on Tuesday, hitting GBX 1949.00. 10,007,594 shares of the company’s stock traded hands. BHP Billiton plc has a one year low of GBX 1336.3101 and a one year high of GBX 2220.00. The stock has a 50-day moving average of GBX 1828.93 and a 200-day moving average of GBX 1867.93. The company’s market cap is £103.7 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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