BHP Billiton plc (BLT) Receives Consensus Rating of “Hold” from Brokerages
BHP Billiton plc (LON:BLT) has received a consensus rating of “Hold” from the twenty-three ratings firms that are covering the stock, MarketBeat Ratings reports. Five research analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is GBX 1,314.77 ($17.13).
A number of research analysts have recently issued reports on BLT shares. Macquarie restated an “outperform” rating and issued a GBX 1,500 ($19.54) price target on shares of BHP Billiton plc in a research report on Tuesday, May 2nd. J P Morgan Chase & Co restated an “underweight” rating and issued a GBX 1,265 ($16.48) price target on shares of BHP Billiton plc in a research report on Thursday, March 30th. Morgan Stanley set a GBX 1,510 ($19.67) price target on shares of BHP Billiton plc and gave the stock a “buy” rating in a research report on Wednesday, April 26th. Deutsche Bank AG upgraded shares of BHP Billiton plc to a “buy” rating and boosted their price target for the stock from GBX 1,400 ($18.24) to GBX 1,600 ($20.84) in a research report on Thursday, July 6th. Finally, HSBC Holdings plc upgraded shares of BHP Billiton plc to a “buy” rating and set a GBX 1,500 ($19.54) price target on the stock in a research report on Wednesday, April 19th.
TRADEMARK VIOLATION NOTICE: This report was reported by American Banking News and is owned by of American Banking News. If you are viewing this report on another site, it was copied illegally and republished in violation of United States and international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/07/24/bhp-billiton-plc-blt-receives-consensus-rating-of-hold-from-brokerages.html.
Shares of BHP Billiton plc (BLT) traded down 1.34% during trading on Monday, reaching GBX 1288.00. 10,549,517 shares of the company traded hands. BHP Billiton plc has a 12-month low of GBX 903.40 and a 12-month high of GBX 1,518.50. The firm’s market capitalization is GBX 68.55 billion. The company has a 50 day moving average price of GBX 1,214.49 and a 200 day moving average price of GBX 1,276.93.
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.
Receive News & Ratings for BHP Billiton plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Billiton plc and related companies with MarketBeat.com's FREE daily email newsletter.