BHP Billiton plc (BLT) Receives Consensus Rating of “Hold” from Analysts
Shares of BHP Billiton plc (LON:BLT) have earned a consensus rating of “Hold” from the twenty-two analysts that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is GBX 1,395.70 ($18.93).
A number of analysts have commented on BLT shares. Macquarie restated an “outperform” rating and set a GBX 1,600 ($21.70) price target on shares of BHP Billiton in a research note on Tuesday, October 10th. Deutsche Bank upped their target price on shares of BHP Billiton from GBX 1,600 ($21.70) to GBX 1,650 ($22.38) and gave the stock a “buy” rating in a research note on Friday, October 13th. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a GBX 1,235 ($16.75) target price on shares of BHP Billiton in a research note on Friday, October 27th. upped their target price on shares of BHP Billiton from GBX 1,500 ($20.34) to GBX 1,530 ($20.75) and gave the stock a “hold” rating in a research note on Thursday, October 19th. Finally, Barclays upped their target price on shares of BHP Billiton from GBX 1,480 ($20.07) to GBX 1,650 ($22.38) and gave the stock an “equal weight” rating in a research note on Monday, January 8th.
Shares of BHP Billiton (LON:BLT) traded up GBX 12.60 ($0.17) during mid-day trading on Monday, reaching GBX 1,660 ($22.51). 4,713,399 shares of the company’s stock were exchanged, compared to its average volume of 6,490,000. The company has a market cap of $93,220.00 and a price-to-earnings ratio of 2,075.00. BHP Billiton has a fifty-two week low of GBX 1,103 ($14.96) and a fifty-two week high of GBX 1,662.40 ($22.54).
BHP Billiton 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.
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