BHP Billiton Rating Reiterated by JP Morgan Cazenove (BLT)
BHP Billiton (LON: BLT)‘s stock had its “neutral” rating reiterated by investment analysts at JP Morgan Cazenove in a note issued to investors on Thursday. They currently have a $34.58 (2300 GBX) target price on the stock.
BHP Billiton opened at 2085.50 on Thursday. BHP Billiton has a 1-year low of GBX 1622.1639 and a 1-year high of GBX 2251.50. The stock’s 50-day moving average is currently GBX 1926.. The company’s market cap is £111.0 billion.
Several other analysts have also recently commented on the stock. Analysts at RBC Capital reiterated an “outperform” rating on shares of BHP Billiton in a research note to investors on Wednesday. They now have a $34.58 price target on the stock. Separately, analysts at Nomura reiterated a “buy” rating on shares of BHP Billiton in a research note to investors on Monday. They now have a $36.08 price target on the stock. Finally, analysts at Morgan Stanley reiterated an “overweight” rating on shares of BHP Billiton in a research note to investors on Friday, March 1st. They now have a $34.69 price target on the stock.
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (CSGs).
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