BHP Billiton plc’s “Buy” Rating Reaffirmed at Deutsche Bank (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reaffirmed by equities research analysts at Deutsche Bank in a research note issued to investors on Wednesday. They currently have a GBX 2,400 ($40.88) price target on the stock. Deutsche Bank’s target price would indicate a potential upside of 23.43% from the stock’s previous close.
A number of other analysts have also recently weighed in on BLT. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Monday. They now have a GBX 2,150 ($36.62) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector perform” rating on shares of BHP Billiton plc in a research note on Friday, June 27th. They now have a GBX 2,000 ($34.07) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Tuesday, June 24th. They now have a GBX 2,250 ($38.32) price target on the stock. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of GBX 2,023.05 ($34.46).
BHP Billiton plc (LON:BLT) traded up 0.75% on Wednesday, hitting GBX 1959.00. The stock had a trading volume of 6,357,909 shares. BHP Billiton plc has a one year low of GBX 1644.00 and a one year high of GBX 2017.4999. The stock’s 50-day moving average is GBX 1910. and its 200-day moving average is GBX 1875.. The company’s market cap is £104.2 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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