Citigroup Inc. lowered shares of BHP Billiton plc (LON:BLT) to a sell rating in a research note issued to investors on Thursday.

Several other brokerages also recently issued reports on BLT. Credit Suisse Group AG reissued an outperform rating and set a GBX 1,050 ($13.00) target price on shares of BHP Billiton plc in a research note on Thursday, June 30th. Barclays PLC lifted their price objective 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 note on Wednesday, June 22nd. RBC Capital Markets set a GBX 1,100 ($13.61) price objective on BHP Billiton plc and gave the stock a neutral rating in a research note on Thursday, September 8th. Royal Bank Of Canada reiterated a sector performer rating and issued a GBX 900 ($11.14) target price on shares of BHP Billiton plc in a report on Wednesday, June 22nd. Finally, Deutsche Bank AG restated a hold rating and set a GBX 880 ($10.89) price objective on shares of BHP Billiton plc in a report on Wednesday, June 22nd. Four equities research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 995.74 ($12.32).

Analyst Recommendations for BHP Billiton plc (LON:BLT)

Shares of BHP Billiton plc (LON:BLT) traded up 3.38% during mid-day trading on Thursday, reaching GBX 1224.00. The company’s stock had a trading volume of 4,980,055 shares. 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 65.15 billion. The company’s 50-day moving average price is GBX 1,082.96 and its 200-day moving average price is GBX 945.38.

In other BHP Billiton plc news, insider Frew,Anita bought 4,500 shares of the business’s stock in a transaction on 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).

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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