BHP Billiton plc (BLT) Earns Equal weight Rating from Barclays PLC
Barclays PLC reaffirmed their equal weight rating on shares of BHP Billiton plc (LON:BLT) in a report published on Thursday morning. They currently have a GBX 990 ($12.25) target price on the mining company’s stock.
BLT has been the subject of a number of other reports. BNP Paribas restated a neutral rating and issued a GBX 1,060 ($13.12) price target on shares of BHP Billiton plc in a research report on Tuesday, August 23rd. Canaccord Genuity restated a hold rating and issued a GBX 850 ($10.52) price target on shares of BHP Billiton plc in a research report on Wednesday, July 20th. Credit Suisse Group AG upped their price target on BHP Billiton plc from GBX 1,050 ($13.00) to GBX 1,150 ($14.23) and gave the company an outperform rating in a research report on Monday, September 19th. Deutsche Bank AG upped their price target on BHP Billiton plc from GBX 1,230 ($15.22) to GBX 1,290 ($15.97) and gave the company a hold rating in a research report on Wednesday, October 5th. Finally, Macquarie restated a neutral rating and issued a GBX 1,070 ($13.24) price target on shares of BHP Billiton plc in a research report on Monday, September 5th. Three analysts have rated the stock with a sell rating, eighteen have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 977.22 ($12.09).
BHP Billiton plc (LON:BLT) opened at 1275.50 on Thursday. The stock has a 50 day moving average price of GBX 1,069.99 and a 200 day moving average price of GBX 938.39. The company’s market capitalization is GBX 67.89 billion. BHP Billiton plc has a 52-week low of GBX 571.60 and a 52-week high of GBX 1,279.50.
In other BHP Billiton plc news, insider Frew,Anita acquired 4,500 shares of the stock in a transaction on Tuesday, September 6th. The shares were bought at an average price of GBX 998 ($12.35) per share, with a total value of £44,910 ($55,581.68).
BHP Billiton plc Company Profile
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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