BHP Billiton plc (LON:BLT) Receives GBX 981.25 Average Target Price from Analysts
Shares of BHP Billiton plc (LON:BLT) have been given an average rating of “Hold” by the twenty-nine analysts that are currently covering the stock. Four equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is GBX 983.15 ($12.83).
A number of equities research analysts have recently weighed in on the stock. Deutsche Bank AG set a GBX 1,280 ($16.71) price objective on shares of BHP Billiton plc and gave the company a “neutral” rating in a report on Thursday. BNP Paribas reissued a “neutral” rating and set a GBX 1,060 ($13.84) price objective on shares of BHP Billiton plc in a report on Thursday. Barclays PLC reissued an “equal weight” rating and set a GBX 990 ($12.92) price objective on shares of BHP Billiton plc in a report on Thursday. Credit Suisse Group AG reissued an “outperform” rating and set a GBX 1,150 ($15.01) price objective on shares of BHP Billiton plc in a report on Thursday. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 1,000 ($13.05) price objective on shares of BHP Billiton plc in a report on Thursday.
In other BHP Billiton plc news, insider Frew,Anita acquired 4,500 shares of the company’s stock in a transaction that occurred on Tuesday, September 6th. The stock was bought at an average price of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).
BHP Billiton plc (LON:BLT) opened at 1202.00 on Tuesday. BHP Billiton plc has a 12-month low of GBX 571.60 and a 12-month high of GBX 1,217.00. The company’s market capitalization is GBX 63.98 billion. The stock’s 50 day moving average price is GBX 1,058.73 and its 200 day moving average price is GBX 930.31.
About BHP Billiton plc
BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas.
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