BHP Billiton plc Rating Reiterated by Deutsche Bank (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating restated by Deutsche Bank in a research note issued on Monday. They currently have a GBX 2,450 ($41.22) price target on the stock. Deutsche Bank’s price objective points to a potential upside of 21.68% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. 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 ($33.65) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Wednesday, July 30th. They now have a GBX 1,935 ($32.56) price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Wednesday, July 30th. They now have a GBX 2,250 ($37.86) price target on the stock. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the stock. BHP Billiton plc currently has a consensus rating of “Hold” and an average target price of GBX 2,010.20 ($33.82).
BHP Billiton plc (LON:BLT) traded up 0.10% on Monday, hitting GBX 2013.50. The stock had a trading volume of 6,028,497 shares. BHP Billiton plc has a 52 week low of GBX 1715.00 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 £107.1 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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