HSBC Reiterates Neutral on BHP Billiton (BLT)
BHP Billiton (LON: BLT)‘s stock had its “neutral” rating reiterated by equities research analysts at HSBC in a research note issued to investors on Friday. They currently have a $31.77 (1980 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Canaccord Genuity downgraded shares of BHP Billiton to a “hold” rating in a research note to investors on Thursday. They now have a $32.02 price target on the stock. Separately, 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 $32.00 price target on the stock.
Shares of BHP Billiton opened at 1952.50 on Friday. BHP Billiton has a one year low of GBX 1622.1639 and a one year high of GBX 2237.50. The company’s market cap is £103.9 billion.
BHP Billiton plc is a diversified natural resources company. The Company operates nine customer sector groups (CSGs): petroleum, aluminium, base metals (including uranium), diamonds and specialty products, stainless steel materials, iron ore, manganese, metallurgical coal and energy coal.
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