BHP Billiton plc Receives “Buy” Rating from Deutsche Bank (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reiterated by stock analysts at Deutsche Bank in a report issued on Wednesday. They currently have a GBX 2,450 ($41.10) price target on the stock. Deutsche Bank’s price target suggests a potential upside of 20.42% from the company’s current price.
Shares of BHP Billiton plc (LON:BLT) opened at 2026.00 on Wednesday. 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 1999. and a 200-day moving average of GBX 1914.. The company’s market cap is £107.8 billion.
Several other analysts have also recently commented on the stock. Analysts at Nomura raised their price target on shares of BHP Billiton plc from GBX 2,500 ($41.94) to GBX 2,600 ($43.62) in a research note on Tuesday. They now have a “buy” rating 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, August 8th. They now have a GBX 2,000 ($33.55) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Thursday, August 7th. They now have a GBX 2,450 ($41.10) price target on the stock. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of GBX 2,133.47 ($35.79).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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