BHP Billiton plc (LON:BLT) Receives GBX 981.25 Average Target Price from Analysts
Shares of BHP Billiton plc (LON:BLT) have received a consensus rating of “Hold” from the twenty-nine brokerages that are covering the company. 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 company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 983.15 ($12.83).
A number of research analysts have recently weighed in on the company. Credit Suisse Group AG restated an “outperform” rating and issued a GBX 1,050 ($13.71) target price on shares of BHP Billiton plc in a report on Thursday, June 30th. Barclays PLC raised their target price on BHP Billiton plc from GBX 875 ($11.42) to GBX 925 ($12.07) and gave the company an “equal weight” rating in a report on Wednesday, June 22nd. Citigroup Inc. restated a “neutral” rating and issued a GBX 1,100 ($14.36) target price on shares of BHP Billiton plc in a report on Wednesday, August 24th. 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. Finally, Royal Bank Of Canada restated a “sector performer” rating and issued a GBX 900 ($11.75) target price on shares of BHP Billiton plc in a report on Wednesday, June 22nd.
BHP Billiton plc (LON:BLT) opened at 1202.00 on Tuesday. BHP Billiton plc has a 52-week low of GBX 571.60 and a 52-week high of GBX 1,217.00. The firm’s 50 day moving average price is GBX 1,058.73 and its 200 day moving average price is GBX 930.31. The firm’s market cap is GBX 63.98 billion.
In related news, insider Frew,Anita purchased 4,500 shares of BHP Billiton plc 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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