BHP Billiton plc Stock Rating Reaffirmed by Deutsche Bank (BLT)
BHP Billiton plc (LON:BLT)‘s stock had its “buy” rating reissued by equities researchers at Deutsche Bank in a research note issued on Monday. They currently have a GBX 2,500 ($41.49) price target on the stock. Deutsche Bank’s price target would indicate a potential upside of 31.06% from the stock’s previous close.
BHP Billiton plc (LON:BLT) opened at 1903.50 on Monday. 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 2008. and a 200-day moving average of GBX 1929.. The company’s market cap is £101.3 billion.
BLT has been the subject of a number of other recent research reports. 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. Separately, 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. Finally, 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 ($32.11) price target on the stock. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 2,118.57 ($35.16).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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