Haitong Bank Boosts BHP Billiton plc (BLT) Price Target to GBX 1,110
BHP Billiton plc (LON:BLT) had its price target lifted by Haitong Bank from GBX 1,050 ($13.12) to GBX 1,110 ($13.87) in a research report sent to investors on Friday. They currently have a sell rating on the mining company’s stock.
BLT has been the topic of several other reports. Macquarie restated an outperform rating and issued a GBX 1,530 ($19.12) price target on shares of BHP Billiton plc in a research report on Monday, December 5th. Liberum Capital restated a sell rating and issued a GBX 730 ($9.12) price target on shares of BHP Billiton plc in a research report on Wednesday, January 25th. Deutsche Bank AG raised their price target on BHP Billiton plc from GBX 1,390 ($17.37) to GBX 1,410 ($17.62) and gave the stock a hold rating in a research report on Thursday, January 26th. HSBC Holdings plc restated a hold rating and issued a GBX 1,200 ($15.00) price target on shares of BHP Billiton plc in a research report on Wednesday, December 7th. Finally, Canaccord Genuity restated a hold rating and issued a GBX 1,040 ($13.00) price target on shares of BHP Billiton plc in a research report on Wednesday, October 19th. Four equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating and four have given a buy rating to the company. BHP Billiton plc has a consensus rating of Hold and an average target price of GBX 1,242.48 ($15.53).
Shares of BHP Billiton plc (LON:BLT) traded down 0.42% during midday trading on Friday, hitting GBX 1414.00. The stock had a trading volume of 6,377,617 shares. The stock has a 50 day moving average price of GBX 1,395.55 and a 200-day moving average price of GBX 1,231.69. The stock’s market capitalization is GBX 75.26 billion. BHP Billiton plc has a 52 week low of GBX 679.00 and a 52 week high of GBX 1,518.50.
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BHP Billiton plc Company Profile
BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.
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