BHP Billiton plc’s Neutral/Neutral Rating Reaffirmed at Goldman Sachs (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “neutral/neutral” rating restated by equities research analysts at Goldman Sachs in a research note issued to investors on Wednesday. They currently have a GBX 1,850 ($31.12) price objective on the stock. Goldman Sachs’ price target suggests a potential downside of 3.44% from the company’s current price.
A number of other analysts have also recently weighed in on BLT. Analysts at Nomura raised their price target on shares of BHP Billiton plc from GBX 2,400 ($40.37) to GBX 2,500 ($42.05) in a research note on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton plc in a research note on Wednesday, May 14th. They now have a GBX 2,100 ($35.32) price target on the stock. Finally, analysts at Canaccord Genuity reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Tuesday, May 13th. They now have a GBX 2,100 ($35.32) price target on the stock. Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and fourteen have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 2,060.31 ($34.66).
BHP Billiton plc (LON:BLT) opened at 1906.50 on Wednesday. BHP Billiton plc has a 1-year low of GBX 1644.00 and a 1-year high of GBX 2032.5001. The stock’s 50-day moving average is GBX 1924. and its 200-day moving average is GBX 1871.18. The company’s market cap is £101.4 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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