BHP Billiton plc (BLT) Trading Up 1.3%
BHP Billiton plc (LON:BLT)’s share price was up 1.3% on Tuesday . The company traded as high as GBX 1,445.50 ($18.67) and last traded at GBX 1,438 ($18.57). Approximately 10,581,197 shares were traded during trading, an increase of 29% from the average daily volume of 8,187,040 shares. The stock had previously closed at GBX 1,419.50 ($18.33).
A number of equities analysts recently weighed in on BLT shares. Investec restated a “buy” rating and set a GBX 1,480 ($19.11) target price on shares of BHP Billiton plc in a research report on Wednesday, May 17th. Macquarie restated an “outperform” rating on shares of BHP Billiton plc in a research report on Thursday, July 6th. J P Morgan Chase & Co restated an “underweight” rating and set a GBX 1,155 ($14.92) target price on shares of BHP Billiton plc in a research report on Tuesday, June 27th. Jefferies Group LLC upped their target price on shares of BHP Billiton plc from GBX 1,350 ($17.44) to GBX 1,450 ($18.73) and gave the stock a “hold” rating in a research report on Wednesday, August 23rd. Finally, UBS AG set a GBX 1,375 ($17.76) target price on shares of BHP Billiton plc and gave the stock a “buy” rating in a research report on Thursday, July 6th. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have assigned a buy rating to the company’s stock. BHP Billiton plc currently has an average rating of “Hold” and a consensus target price of GBX 1,322.73 ($17.08).
The stock has a 50-day moving average price of GBX 1,396.96 and a 200-day moving average price of GBX 1,274.12. The firm’s market capitalization is GBX 76.56 billion.
The company 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 is an increase from BHP Billiton plc’s previous dividend of $0.40. This represents a dividend yield of 2.37%. The ex-dividend date is Thursday, September 7th.
TRADEMARK VIOLATION WARNING: “BHP Billiton plc (BLT) Trading Up 1.3%” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this article on another publication, it was copied illegally and republished in violation of United States & international trademark & copyright laws. The legal version of this article can be read at https://www.thecerbatgem.com/2017/09/12/bhp-billiton-plc-blt-trading-up-1-3.html.
About BHP Billiton plc
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.
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.