Exane BNP Paribas Gives Outperform Rating to Xstrata (XTA)
Xstrata (LON: XTA)‘s stock had its “outperform” rating reaffirmed by research analysts at Exane BNP Paribas in a report released on Friday. They currently have a $20.15 (1250 GBX) target price on the stock.
Shares of Xstrata opened at 960.90 on Friday. Xstrata has a one year low of GBX 648.00 and a one year high of GBX 1288.8199. The company’s market cap is £28.387 billion.
A number of other firms have also recently commented on XTA. Analysts at Jefferies Group reiterated a “buy” rating on shares of Xstrata in a research note to investors on Friday, October 19th. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Xstrata in a research note to investors on Wednesday, October 17th. They now have a $18.21 price target on the stock. Finally, analysts at HSBC reiterated an “overweight” rating on shares of Xstrata in a research note to investors on Friday, October 12th. They now have a $20.70 price target on the stock.
Xstrata plc is a diversified mining company. The Company’s business is organized into five global commodity businesses.
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