BHP Billiton plc Receives “Neutral” Rating from JPMorgan Chase & Co. (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “neutral” rating reiterated by JPMorgan Chase & Co. in a research note issued on Monday, AnalystRatingsNetwork reports. They currently have a GBX 2,250 ($37.90) price target on the stock. JPMorgan Chase & Co.’s target price suggests a potential upside of 15.20% from the stock’s previous close.
Shares of BHP Billiton plc (LON:BLT) traded down 1.46% on Monday, hitting GBX 1953.10. The stock had a trading volume of 6,424,098 shares. BHP Billiton plc has a 1-year low of GBX 1644.00 and a 1-year high of GBX 2032.5001. The stock has a 50-day moving average of GBX 1919. and a 200-day moving average of GBX 1872.. The company’s market cap is £103.9 billion.
A number of other firms have also recently commented on BLT. Analysts at Liberum Capital reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday, May 9th. Separately, analysts at Morgan Stanley reiterated an “overweight” rating on shares of BHP Billiton plc in a research note on Tuesday, May 6th. Finally, analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton plc in a research note on Tuesday, May 6th. They now have a GBX 2,100 ($35.37) price target on the stock. Two investment analysts have rated the stock with a sell rating, eleven have given a hold rating and fourteen have assigned a buy rating to the stock. BHP Billiton plc presently has an average rating of “Hold” and an average price target of GBX 2,053.79 ($34.59).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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