BHP Billiton plc Stock Rating Reaffirmed by Citigroup Inc. (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reiterated by analysts at Citigroup Inc. in a research report issued to clients and investors on Friday. They currently have a GBX 2,100 ($35.77) price objective on the stock. Citigroup Inc.’s target price suggests a potential upside of 5.00% from the company’s current price.
A number of other firms have also recently commented on BLT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Wednesday. They now have a GBX 2,400 ($40.88) price target on the stock. Separately, 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. Finally, 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. Two equities research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 2,026.40 ($34.52).
BHP Billiton plc (LON:BLT) opened at 1999.00 on Friday. BHP Billiton plc has a 52-week low of GBX 1660.50 and a 52-week high of GBX 2017.4999. The stock has a 50-day moving average of GBX 1912. and a 200-day moving average of GBX 1876.. The company’s market cap is £106.4 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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