BHP Billiton plc (BLT) Given Consensus Recommendation of “Hold” by Brokerages

Shares of BHP Billiton plc (LON:BLT) have earned a consensus rating of “Hold” from the twenty-one research firms that are presently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is GBX 1,430.47 ($20.06).

A number of research analysts have recently commented on BLT shares. Deutsche Bank reaffirmed a “buy” rating and set a GBX 1,650 ($23.14) price target on shares of BHP Billiton in a research report on Tuesday, November 21st. Citigroup raised BHP Billiton to a “buy” rating in a research report on Tuesday, December 5th. Barclays upped their price target on BHP Billiton from GBX 1,300 ($18.23) to GBX 1,375 ($19.28) and gave the company an “equal weight” rating in a research report on Tuesday, October 24th. upped their price target on BHP Billiton from GBX 1,500 ($21.03) to GBX 1,530 ($21.45) and gave the company a “hold” rating in a research report on Thursday, October 19th. Finally, Jefferies Group reaffirmed a “hold” rating and set a GBX 1,500 ($21.03) price target on shares of BHP Billiton in a research report on Thursday, October 19th.

Shares of BHP Billiton (LON BLT) traded up GBX 0.40 ($0.01) during midday trading on Friday, hitting GBX 1,475.40 ($20.69). The stock had a trading volume of 9,968,403 shares, compared to its average volume of 7,300,000. BHP Billiton has a 1 year low of GBX 1,103 ($15.47) and a 1 year high of GBX 1,662.40 ($23.31). The stock has a market cap of $84,280.00 and a PE ratio of 1,867.59.

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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.

Analyst Recommendations for BHP Billiton (LON:BLT)

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