BHP Billiton plc’s “Hold” Rating Reiterated at Canaccord Genuity (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “hold” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Wednesday. They currently have a GBX 1,935 ($32.35) price objective on the stock. Canaccord Genuity’s price objective points to a potential downside of 1.53% from the company’s current price.
A number of other analysts have also recently weighed in on BLT. Analysts at RBC Capital reiterated a “sector performer” rating on shares of BHP Billiton plc in a research note on Tuesday. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of BHP Billiton plc in a research note on Tuesday. Finally, analysts at Investec reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Monday. They now have a GBX 2,175 ($36.36) price target on the stock. One equities research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and ten have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,129.10 ($35.59).
BHP Billiton plc (LON:BLT) opened at 1963.50 on Wednesday. BHP Billiton plc has a 52 week low of GBX 1715.00 and a 52 week high of GBX 2102.5298. The stock has a 50-day moving average of GBX 2014. and a 200-day moving average of GBX 1922.. The company’s market cap is £104.5 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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