BHP Billiton plc Stock Rating Reaffirmed by Credit Suisse (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “underperform” rating reissued by equities researchers at Credit Suisse in a research report issued on Monday. They currently have a GBX 2,000 ($33.19) target price on the stock. Credit Suisse’s price objective suggests a potential upside of 4.85% from the stock’s previous close.
A number of other analysts have also recently weighed in on BLT. Analysts at Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Monday. They now have a GBX 2,500 ($41.49) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton plc in a research note on Friday. They now have a GBX 2,450 ($40.66) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of BHP Billiton plc in a research note on Tuesday, August 26th. They now have a GBX 2,000 ($33.19) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have issued a buy rating to the company’s stock. BHP Billiton plc has a consensus rating of “Hold” and a consensus price target of GBX 2,118.57 ($35.16).
Shares of BHP Billiton plc (LON:BLT) opened at 1900.4999 on Monday. BHP Billiton plc has a 52 week low of GBX 1715.00 and a 52 week high of GBX 2102.5298. The stock’s 50-day moving average is GBX 2008. and its 200-day moving average is GBX 1929.. The company’s market cap is £101.1 billion.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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