BHP Billiton plc (BLT) Given “Neutral” Rating at BNP Paribas
BNP Paribas restated their neutral rating on shares of BHP Billiton plc (LON:BLT) in a research report report published on Thursday. The firm currently has a GBX 1,060 ($13.84) price target on the mining company’s stock.
A number of other brokerages have also weighed in on BLT. Barclays PLC restated an equal weight rating and issued a GBX 990 ($12.92) price objective on shares of BHP Billiton plc in a report on Thursday. JPMorgan Chase & Co. reiterated an underweight rating and set a GBX 1,000 ($13.05) price target on shares of BHP Billiton plc in a report on Thursday. Royal Bank Of Canada reiterated a sector performer rating on shares of BHP Billiton plc in a report on Thursday. Credit Suisse Group AG reiterated an outperform rating and set a GBX 1,150 ($15.01) price target on shares of BHP Billiton plc in a report on Thursday. Finally, Deutsche Bank AG lifted their price target on BHP Billiton plc from GBX 1,230 ($16.06) to GBX 1,290 ($16.84) and gave the stock a hold rating in a report on Wednesday. Four equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of Hold and an average price target of GBX 983.75 ($12.84).
Shares of BHP Billiton plc (LON:BLT) traded up 2.54% on Thursday, reaching GBX 1232.50. 8,878,804 shares of the company’s stock traded hands. The firm’s market capitalization is GBX 65.60 billion. The firm’s 50 day moving average is GBX 1,058.73 and its 200 day moving average is GBX 930.31. BHP Billiton plc has a 52 week low of GBX 571.60 and a 52 week high of GBX 1,255.00.
In other BHP Billiton plc news, insider Frew,Anita acquired 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 6th. The shares were purchased at an average price of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).
About BHP Billiton plc
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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