BHP Billiton plc (BLT) Trading 1.4% Higher
Shares of BHP Billiton plc (LON:BLT) traded up 1.4% during trading on Wednesday . The stock traded as high as GBX 1,451.50 ($19.09) and last traded at GBX 1,476.50 ($19.42). 9,125,557 shares were traded during trading, an increase of 25% from the average session volume of 7,290,000 shares. The stock had previously closed at GBX 1,456 ($19.15).
Several analysts recently commented on the company. Independent Research GmbH set a GBX 1,350 ($17.76) price target on BHP Billiton plc and gave the stock a “neutral” rating in a research report on Thursday, July 20th. Liberum Capital reissued a “sell” rating and set a GBX 800 ($10.52) price objective on shares of BHP Billiton plc in a research note on Wednesday, July 19th. HSBC Holdings plc reissued a “hold” rating and set a GBX 1,320 ($17.36) price objective on shares of BHP Billiton plc in a research note on Friday, August 18th. Societe Generale boosted their price objective on BHP Billiton plc from GBX 700 ($9.21) to GBX 1,404 ($18.47) and gave the stock a “hold” rating in a research note on Thursday. Finally, Beaufort Securities lowered their price objective on BHP Billiton plc from GBX 1,550 ($20.39) to GBX 1,400 ($18.41) and set a “hold” rating on the stock in a research note on Thursday, July 20th. Six equities 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. The company has an average rating of “Hold” and a consensus target price of GBX 1,358.14 ($17.86).
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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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