BHP Billiton plc Receives Market Perform Rating from Sanford C. Bernstein (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “market perform” rating reaffirmed by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Friday. They currently have a GBX 2,000 ($33.55) price target on the stock. Sanford C. Bernstein’s target price would suggest a potential downside of 1.94% from the stock’s previous close.
Other equities research analysts have also recently issued reports about 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. One research analyst has rated the stock with a sell rating, fourteen have issued a hold rating and ten have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of GBX 2,126.32 ($35.67).
BHP Billiton plc (LON:BLT) opened at 2080.00 on Friday. BHP Billiton plc has a 1-year low of GBX 1715.00 and a 1-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 £110.7 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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