BHP Billiton plc’s (LON:BLT) “Buy” Rating Reaffirmed at Deutsche Bank AG
Deutsche Bank AG reaffirmed their buy rating on shares of BHP Billiton plc (LON:BLT) in a research note issued to investors on Thursday morning, MarketBeat Ratings reports. Deutsche Bank AG currently has a GBX 1,600 ($20.89) target price on the mining company’s stock.
A number of other research firms have also recently commented on BLT. Citigroup Inc. cut shares of BHP Billiton plc to a neutral rating and set a GBX 1,350 ($17.63) price target on the stock. in a report on Thursday. J P Morgan Chase & Co upped their price target on shares of BHP Billiton plc from GBX 1,155 ($15.08) to GBX 1,180 ($15.41) and gave the stock an underweight rating in a report on Thursday. Macquarie restated an outperform rating and issued a GBX 1,450 ($18.93) price target on shares of BHP Billiton plc in a report on Thursday. Shore Capital restated a not rated rating on shares of BHP Billiton plc in a report on Tuesday, April 11th. Finally, Liberum Capital restated a sell rating and issued a GBX 800 ($10.45) price target on shares of BHP Billiton plc in a report on Tuesday, April 11th. Five analysts have rated the stock with a sell rating, eleven have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 1,313.64 ($17.15).
Shares of BHP Billiton plc (BLT) opened at 1305.50 on Thursday. BHP Billiton plc has a 52-week low of GBX 907.80 and a 52-week high of GBX 1,518.50. The stock’s market capitalization is GBX 69.48 billion. The stock has a 50 day moving average of GBX 1,214.49 and a 200 day moving average of GBX 1,276.93.
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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