BHP Billiton plc Receives Buy Rating from Jefferies Group (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group in a research report issued on Friday. They currently have a GBX 2,450 ($40.54) target price on the stock. Jefferies Group’s price target would indicate a potential upside of 29.56% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BHP Billiton plc in a research note on Tuesday. They now have a GBX 2,000 ($33.10) price target on the stock. Separately, analysts at Canaccord Genuity reiterated a “hold” rating on shares of BHP Billiton plc in a research note on Wednesday, August 20th. They now have a GBX 1,935 ($32.02) price target on the stock. Finally, analysts at RBC Capital reiterated a “sector performer” rating on shares of BHP Billiton plc in a research note on Tuesday, August 19th. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 2,129.10 ($35.23).
BHP Billiton plc (LON:BLT) traded up 0.13% during mid-day trading on Friday, hitting GBX 1893.50. The stock had a trading volume of 3,014,145 shares. BHP Billiton plc has a 1-year low of GBX 1715.00 and a 1-year high of GBX 2102.5298. The stock has a 50-day moving average of GBX 2010. and a 200-day moving average of GBX 1929.. The company’s market cap is £100.8 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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