BHP Billiton plc (BLT) PT Raised to GBX 1,235
BHP Billiton plc (LON:BLT) had its price target increased by J P Morgan Chase & Co from GBX 1,190 ($15.37) to GBX 1,235 ($15.95) in a report released on Tuesday morning. They currently have an underweight rating on the mining company’s stock.
Several other analysts have also recently weighed in on BLT. Liberum Capital reissued a sell rating and set a GBX 800 ($10.33) price objective on shares of BHP Billiton plc in a report on Wednesday, May 10th. Citigroup Inc. reissued a buy rating on shares of BHP Billiton plc in a report on Monday, May 15th. Jefferies Group LLC reissued a buy rating and set a GBX 1,500 ($19.37) price objective (down from GBX 1,700 ($21.96)) on shares of BHP Billiton plc in a report on Monday, May 15th. Macquarie reaffirmed an outperform rating and issued a GBX 1,500 ($19.37) price target on shares of BHP Billiton plc in a research note on Tuesday, May 16th. Finally, Credit Suisse Group reaffirmed a neutral rating and issued a GBX 1,380 ($17.82) price target on shares of BHP Billiton plc in a research note on Wednesday, May 17th. Six investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the company. BHP Billiton plc currently has a consensus rating of Hold and an average price target of GBX 1,322.73 ($17.08).
BHP Billiton plc (BLT) opened at 1402.50 on Tuesday. BHP Billiton plc has a 52 week low of GBX 960.10 and a 52 week high of GBX 1,518.50. The stock has a 50 day moving average of GBX 1,390.55 and a 200 day moving average of GBX 1,274.92. The firm’s market cap is GBX 74.67 billion.
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The business also recently disclosed a dividend, which will be paid on Tuesday, September 26th. Stockholders of record on Thursday, September 7th will be issued a $0.43 dividend. This represents a dividend yield of 2.37%. The ex-dividend date of this dividend is Thursday, September 7th. This is an increase from BHP Billiton plc’s previous dividend of $0.40.
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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