BHP Billiton plc Stock Rating Reaffirmed by Liberum Capital (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “hold” rating reaffirmed by Liberum Capital in a research note issued on Friday. They currently have a GBX 2,100 ($35.23) price objective on the stock. Liberum Capital’s price objective would indicate a potential upside of 3.68% from the stock’s previous close.
Shares of BHP Billiton plc (LON:BLT) traded up 1.21% on Friday, hitting GBX 2050.00. The stock had a trading volume of 9,605,964 shares. 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 £109.1 billion.
BLT has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, 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. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and ten have given a buy rating to the company’s stock. BHP Billiton plc currently has an average rating of “Hold” and an average price target of GBX 2,126.32 ($35.67).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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