BHP Billiton plc Receives Sector Perform Rating from RBC Capital (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “sector perform” rating reaffirmed by research analysts at RBC Capital in a report released on Friday. They currently have a GBX 2,000 ($33.65) price target on the stock. RBC Capital’s target price would suggest a potential upside of 0.35% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Thursday. They now have a GBX 2,450 ($41.22) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Monday. They now have a GBX 2,450 ($41.22) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BHP Billiton plc in a research note on Thursday, July 31st. They now have a GBX 2,000 ($33.65) price target on the stock. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of GBX 2,110.14 ($35.51).
BHP Billiton plc (LON:BLT) opened at 1980.4501 on Friday. BHP Billiton plc has a one year low of GBX 1715.00 and a one year high of GBX 2102.00. The stock has a 50-day moving average of GBX 1988. and a 200-day moving average of GBX 1910.. The company’s market cap is £105.4 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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