BHP Billiton plc Given Consensus Recommendation of “Hold” by Analysts (LON:BLT)
Shares of BHP Billiton plc (LON:BLT) have received a consensus recommendation of “Hold” from the twenty-five brokerages that are presently covering the stock, AnalystRatingsNetwork reports. One research analyst has rated the stock with a sell recommendation, fourteen have assigned a hold recommendation and ten have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 2,126.32 ($35.67).
BHP Billiton plc (LON:BLT) opened at 2082.00 on Monday. BHP Billiton plc has a one year low of GBX 1715.00 and a one year high of GBX 2102.00. The stock’s 50-day moving average is GBX 2004.93 and its 200-day moving average is GBX 1917.. The company’s market cap is £110.8 billion.
Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Friday. They now have a GBX 2,100 ($35.23) 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 Wednesday. They now have a GBX 2,450 ($41.10) price target on the stock. Finally, 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.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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