BHP Billiton plc (LON:BLT) had its price target decreased by investment analysts at Beaufort Securities from GBX 1,550 ($20.24) to GBX 1,400 ($18.28) in a research report issued on Thursday. The brokerage currently has a “hold” rating on the mining company’s stock. Beaufort Securities’ price target would indicate a potential upside of 6.10% from the stock’s previous close.

Other analysts also recently issued research reports about the stock. Citigroup Inc. reaffirmed a “buy” rating on shares of BHP Billiton plc in a research note on Tuesday, April 11th. Morgan Stanley set a GBX 1,510 ($19.72) price target on shares of BHP Billiton plc and gave the company a “buy” rating in a research note on Wednesday, April 12th. HSBC Holdings plc raised shares of BHP Billiton plc to a “buy” rating and set a GBX 1,500 ($19.59) price target for the company in a research note on Wednesday, April 19th. Jefferies Group LLC decreased their price target on shares of BHP Billiton plc from GBX 1,800 ($23.50) to GBX 1,700 ($22.20) and set a “buy” rating for the company in a research note on Tuesday, April 18th. Finally, Investec reaffirmed a “buy” rating and set a GBX 1,480 ($19.33) price target on shares of BHP Billiton plc in a research note on Wednesday, May 17th. Five analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the stock. BHP Billiton plc has an average rating of “Hold” and an average price target of GBX 1,313.64 ($17.15).

Shares of BHP Billiton plc (LON BLT) traded down 0.34% on Thursday, reaching GBX 1315.00. The company had a trading volume of 7,911,544 shares. The stock’s 50 day moving average is GBX 1,208.02 and its 200 day moving average is GBX 1,276.45. BHP Billiton plc has a 52 week low of GBX 907.80 and a 52 week high of GBX 1,518.50. The firm’s market capitalization is GBX 69.98 billion.

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BHP Billiton plc Company Profile

BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.

Analyst Recommendations for BHP Billiton plc (LON:BLT)

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