Sanford C. Bernstein Gives Outperform Rating to BHP Billiton (BLT)
BHP Billiton (LON: BLT)‘s stock had its “outperform” rating restated by equities researchers at Sanford C. Bernstein in a report issued on Wednesday. They currently have a $38.61 (2450 GBX) target price on the stock.
BHP Billiton opened at 2156.00 on Wednesday. BHP Billiton has a 1-year low of GBX 1622.1639 and a 1-year high of GBX 2237.50. The stock’s 50-day moving average is currently GBX 1926.. The company’s market cap is £114.8 billion.
A number of other analysts have also recently weighed in on BLT. Analysts at BMO Capital Markets reiterated an “outperform” rating on shares of BHP Billiton in a research note to investors on Wednesday, January 23rd. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Tuesday, January 22nd. They now have a $34.44 price target on the stock. Finally, analysts at Exane BNP Paribas reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Thursday, January 17th. They now have a $32.02 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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