BHP Billiton plc’s (BLT) “Neutral” Rating Reiterated at BNP Paribas
BNP Paribas reaffirmed their neutral rating on shares of BHP Billiton plc (LON:BLT) in a research note released on Thursday morning. BNP Paribas currently has a GBX 1,060 ($13.12) price target on the mining company’s stock.
A number of other brokerages have also commented on BLT. Barclays PLC reissued an equal weight rating and issued a GBX 990 ($12.25) price objective on shares of BHP Billiton plc in a research report on Thursday, October 6th. JPMorgan Chase & Co. reissued an underweight rating and issued a GBX 1,000 ($12.38) price objective on shares of BHP Billiton plc in a research report on Thursday, October 6th. Royal Bank Of Canada reissued a sector performer rating on shares of BHP Billiton plc in a research report on Thursday, October 6th. Credit Suisse Group AG reissued an outperform rating and issued a GBX 1,150 ($14.23) price objective on shares of BHP Billiton plc in a research report on Thursday, October 6th. Finally, Deutsche Bank AG boosted their price objective on shares of BHP Billiton plc from GBX 1,230 ($15.22) to GBX 1,290 ($15.97) and gave the stock a hold rating in a research report on Wednesday, October 5th. Three analysts have rated the stock with a sell rating, eighteen have given a hold rating and six have given a buy rating to the stock. The stock has an average rating of Hold and a consensus target price of GBX 977.22 ($12.09).
Shares of BHP Billiton plc (LON:BLT) opened at 1275.50 on Thursday. The firm has a 50-day moving average of GBX 1,069.99 and a 200 day moving average of GBX 938.39. The firm’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 news, insider Frew,Anita bought 4,500 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was acquired 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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