BHP Billiton plc Rating Reiterated by Deutsche Bank (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating restated by stock analysts at Deutsche Bank in a report issued on Monday, AR Network reports. They currently have a GBX 2,500 ($42.00) price target on the stock. Deutsche Bank’s price target would indicate a potential upside of 29.93% from the stock’s previous close.
BHP Billiton plc (LON:BLT) opened at 1911.00 on Monday. BHP Billiton plc has a one year low of GBX 1644.00 and a one year high of GBX 2032.5001. The stock’s 50-day moving average is GBX 1872. and its 200-day moving average is GBX 1864.. The company’s market cap is £101.7 billion.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Wednesday, April 23rd. They now have a GBX 2,100 ($35.28) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Thursday, April 17th. They now have a GBX 2,100 ($35.28) price target on the stock. Finally, analysts at BMO Capital Markets reiterated an “outperform” rating on shares of BHP Billiton plc in a research note on Wednesday, April 16th. They now have a GBX 2,250 ($37.80) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and fifteen have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,064.12 ($34.68).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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