BHP Billiton plc (BLT) Stock Rating Reaffirmed by BNP Paribas
BHP Billiton plc (LON:BLT)‘s stock had its “neutral” rating reaffirmed by stock analysts at BNP Paribas in a research note issued on Thursday. They currently have a GBX 1,268 ($15.73) target price on the mining company’s stock. BNP Paribas’ price target suggests a potential downside of 3.46% from the company’s current price.
Other equities research analysts also recently issued research reports about the stock. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 1,400 ($17.37) price objective on shares of BHP Billiton plc in a report on Wednesday, November 16th. Jefferies Group reaffirmed a “buy” rating and issued a GBX 1,250 ($15.51) price objective on shares of BHP Billiton plc in a report on Thursday, September 29th. Citigroup Inc. downgraded shares of BHP Billiton plc to a “sell” rating in a report on Thursday, October 13th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 1,090 ($13.52) price objective on shares of BHP Billiton plc in a report on Wednesday, October 19th. Finally, Macquarie reaffirmed an “outperform” rating and issued a GBX 1,280 ($15.88) price objective on shares of BHP Billiton plc in a report on Monday, October 17th. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,082.32 ($13.43).
Shares of BHP Billiton plc (LON:BLT) opened at 1298.00 on Thursday. The stock’s market capitalization is GBX 69.09 billion. BHP Billiton plc has a one year low of GBX 571.60 and a one year high of GBX 1,396.00. The stock’s 50 day moving average is GBX 1,259.08 and its 200-day moving average is GBX 1,037.72.
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In other news, insider Frew,Anita bought 4,500 shares of BHP Billiton plc stock in a transaction that occurred on Tuesday, September 6th. The stock was purchased at an average cost of GBX 998 ($12.38) per share, with a total value of £44,910 ($55,712.69).
BHP Billiton plc Company Profile
BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.
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