Shares of BHP Billiton plc (LON:BLT) have been assigned a consensus rating of “Hold” from the eighteen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, ten have given a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,817.50 ($23.75).

BLT has been the topic of a number of research analyst reports. Citigroup reissued 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. Deutsche Bank boosted their price objective on shares of BHP Billiton from GBX 1,800 ($23.52) to GBX 1,820 ($23.78) and gave the stock a “hold” rating in a report on Tuesday, October 2nd. Morgan Stanley downgraded shares of BHP Billiton to an “equal weight” rating in a report on Tuesday, September 25th. Credit Suisse Group reissued a “neutral” rating on shares of BHP Billiton in a report on Friday, October 5th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of BHP Billiton from GBX 1,945 ($25.41) to GBX 1,910 ($24.96) and set a “neutral” rating on the stock in a report on Thursday, August 23rd.

Shares of BHP Billiton stock traded down GBX 29 ($0.38) on Thursday, reaching GBX 1,573 ($20.55). 5,075,177 shares of the stock were exchanged, compared to its average volume of 9,690,000. BHP Billiton has a 1-year low of GBX 1,103 ($14.41) and a 1-year high of GBX 1,662.40 ($21.72).

BHP Billiton Company Profile

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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Analyst Recommendations for BHP Billiton (LON:BLT)

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