BHP Billiton plc’s Neutral Rating Reaffirmed at Credit Suisse (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “neutral” rating restated by research analysts at Credit Suisse in a report released on Wednesday. They currently have a GBX 2,250 ($38.21) price target on the stock. Credit Suisse’s price target would suggest a potential upside of 11.86% from the company’s current price.
BHP Billiton plc (LON:BLT) traded down 0.86% on Wednesday, hitting GBX 2011.50. 6,801,631 shares of the company’s stock traded hands. BHP Billiton plc has a 52-week low of GBX 1336.3101 and a 52-week high of GBX 2102.00. The stock has a 50-day moving average of GBX 1971. and a 200-day moving average of GBX 1904.. The company’s market cap is £107.0 billion.
BLT has been the subject of a number of other recent research reports. Analysts at Investec raised their price target on shares of BHP Billiton plc from GBX 2,092 ($35.52) to GBX 2,175 ($36.93) in a research note on Thursday, July 24th. They now have a “hold” rating on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Thursday, July 24th. They now have a GBX 2,200 ($37.36) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of BHP Billiton plc from GBX 2,200 ($37.36) to GBX 2,450 ($41.60) in a research note on Thursday, July 24th. They now have a “buy” rating on the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have assigned a buy rating to the stock. BHP Billiton plc has an average rating of “Hold” and a consensus target price of GBX 2,010.20 ($34.13).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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