BHP Billiton plc Rating Reiterated by Jefferies Group (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reaffirmed by investment analysts at Jefferies Group in a note issued to investors on Friday. They currently have a GBX 2,200 ($37.35) price target on the stock. Jefferies Group’s price target indicates a potential upside of 16.22% from the company’s current price.
Shares of BHP Billiton plc (LON:BLT) opened at 1903.0001 on Friday. BHP Billiton plc has a 52-week low of GBX 1644.00 and a 52-week high of GBX 2017.4999. The stock has a 50-day moving average of GBX 1911.93 and a 200-day moving average of GBX 1868.. The company’s market cap is £101.3 billion.
A number of other analysts have also recently weighed in on BLT. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BHP Billiton plc in a research note on Thursday. They now have a GBX 2,000 ($33.95) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Tuesday. They now have a GBX 1,890 ($32.08) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and thirteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 2,038.96 ($34.61).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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