BHP Billiton plc Stock Rating Reaffirmed by Barclays (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “overweight” rating restated by equities researchers at Barclays in a research report issued on Friday, Analyst Ratings Network.com reports. They currently have a GBX 2,225 ($37.29) price objective on the stock. Barclays’ price objective would indicate a potential upside of 12.94% from the stock’s previous close.
A number of other firms have also recently commented on BLT. Analysts at JPMorgan Chase & Co. raised their price target on shares of BHP Billiton plc from GBX 2,250 ($37.71) to GBX 2,300 ($38.55) in a research note on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Wednesday. They now have a GBX 2,060 ($34.52) price target on the stock. Finally, analysts at Societe Generale raised their price target on shares of BHP Billiton plc from GBX 1,790 ($30.00) to GBX 1,890 ($31.67) in a research note on Wednesday. They now have a “hold” rating on the stock. Three equities 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 company’s stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,057.85 ($34.49).
Shares of BHP Billiton plc (LON:BLT) opened at 1970.0001 on Friday. BHP Billiton plc has a one year low of GBX 1644.00 and a one year high of GBX 2159.50. The stock’s 50-day moving average is GBX 1837.31 and its 200-day moving average is GBX 1869.. The company’s market cap is £104.8 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.