BHP Billiton (BLT) Receives Neutral Rating from Credit Suisse Group
Other equities research analysts also recently issued reports about the company. Deutsche Bank restated a buy rating on shares of BHP Billiton in a report on Thursday, July 19th. Citigroup restated a buy rating and set a GBX 1,900 ($24.83) price objective on shares of BHP Billiton in a report on Tuesday, August 14th. UBS Group restated a buy rating and set a GBX 2,000 ($26.13) price objective on shares of BHP Billiton in a report on Wednesday, July 18th. Goldman Sachs Group set a GBX 2,050 ($26.79) price objective on BHP Billiton and gave the stock a buy rating in a report on Wednesday, July 18th. Finally, Societe Generale upgraded BHP Billiton to a buy rating and lifted their price objective for the stock from GBX 1,600 ($20.91) to GBX 1,780 ($23.26) in a report on Thursday, October 25th. One analyst has rated the stock with a sell rating, ten have assigned a hold rating and seven have given a buy rating to the stock. BHP Billiton has an average rating of Hold and a consensus price target of GBX 1,770.94 ($23.14).
BLT stock opened at GBX 1,608.40 ($21.02) on Monday. BHP Billiton has a 52-week low of GBX 1,103 ($14.41) and a 52-week high of GBX 1,662.40 ($21.72).
BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, energy coal, and oil and gas.
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