BHP Billiton plc (BLT) Price Target Raised to GBX 1,090 at JPMorgan Chase & Co.
BHP Billiton plc (LON:BLT) had its price objective lifted by JPMorgan Chase & Co. from GBX 1,000 ($12.38) to GBX 1,090 ($13.49) in a research report report published on Monday morning. JPMorgan Chase & Co. currently has a underweight rating on the mining company’s stock.
Several other research firms have also commented on BLT. Credit Suisse Group AG reissued an outperform rating and set a GBX 1,050 ($13.00) price target on shares of BHP Billiton plc in a research report on Thursday, June 30th. Barclays PLC boosted their price target on BHP Billiton plc from GBX 875 ($10.83) to GBX 925 ($11.45) and gave the stock an equal weight rating in a research report on Wednesday, June 22nd. Citigroup Inc. reissued a neutral rating and set a GBX 1,100 ($13.61) price target on shares of BHP Billiton plc in a research report on Wednesday, August 24th. RBC Capital Markets set a GBX 1,100 ($13.61) price target on BHP Billiton plc and gave the stock a neutral rating in a research report on Thursday, September 8th. Finally, Royal Bank Of Canada reissued a sector performer rating and set a GBX 900 ($11.14) price target on shares of BHP Billiton plc in a research report on Wednesday, June 22nd. Three investment analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have issued a buy rating to the stock. BHP Billiton plc has a consensus rating of Hold and an average price target of GBX 977.22 ($12.09).
BHP Billiton plc (LON:BLT) opened at 1256.00 on Monday. BHP Billiton plc has a 12 month low of GBX 571.60 and a 12 month high of GBX 1,279.50. The stock’s market capitalization is GBX 66.85 billion. The stock’s 50 day moving average is GBX 1,069.99 and its 200-day moving average is GBX 938.39.
In other BHP Billiton plc news, insider Frew,Anita purchased 4,500 shares of the firm’s stock in a transaction dated Tuesday, September 6th. The stock was bought at an average price of GBX 998 ($12.35) per share, with a total value of £44,910 ($55,581.68).
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.
Receive News & Stock Ratings for BHP Billiton plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Billiton plc and related stocks with our FREE daily email newsletter.