BHP Billiton plc (LON:BLT) has been given a GBX 1,100 ($14.36) price objective by analysts at Citigroup Inc. in a research note issued to investors on Friday. The firm presently has a a “neutral” rating on the mining company’s stock. Citigroup Inc.’s price objective suggests a potential downside of 5.82% from the stock’s current price.

BLT has been the subject of several other reports. RBC Capital Markets set a GBX 1,100 ($14.36) target price on BHP Billiton plc and gave the company a “neutral” rating in a report on Thursday, September 8th. Macquarie raised BHP Billiton plc to an “outperform” rating and set a GBX 1,260 ($16.45) price objective for the company in a research note on Tuesday, September 20th. Jefferies Group raised BHP Billiton plc to a “buy” rating and upped their price objective for the company from GBX 1,100 ($14.36) to GBX 1,250 ($16.32) in a research note on Tuesday, August 23rd. Liberum Capital reaffirmed a “sell” rating and set a GBX 640 ($8.35) price objective on shares of BHP Billiton plc in a research note on Tuesday, September 20th. Finally, Barclays PLC reduced their price objective on BHP Billiton plc from GBX 1,135 ($14.82) to GBX 990 ($12.92) and set an “equal weight” rating for the company in a research note on Wednesday, September 21st. Four equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 981.25 ($12.81).

Analyst Recommendations for BHP Billiton plc (LON:BLT)

BHP Billiton plc (LON:BLT) traded down 0.73% during trading on Friday, hitting GBX 1159.50. The stock had a trading volume of 9,669,014 shares. The stock’s 50 day moving average price is GBX 1,038.54 and its 200 day moving average price is GBX 916.53. BHP Billiton plc has a 12-month low of GBX 571.60 and a 12-month high of GBX 1,203.50. The firm’s market cap is GBX 61.71 billion.

In other BHP Billiton plc news, insider Frew,Anita bought 4,500 shares of the stock in a transaction dated Tuesday, September 6th. The stock was bought at an average cost of GBX 998 ($13.03) per share, for a total transaction of £44,910 ($58,621.59).

BHP Billiton plc Company Profile

BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas.

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