Macquarie set a GBX 1,460 ($18.60) target price on BHP Billiton plc (LON:BLT) in a research note published on Wednesday. The brokerage currently has a buy rating on the mining company’s stock.

BLT has been the subject of a number of other research reports. Credit Suisse Group reiterated a neutral rating and set a GBX 1,380 ($17.58) price objective on shares of BHP Billiton plc in a research report on Wednesday, May 17th. HSBC Holdings plc dropped their price objective on BHP Billiton plc from GBX 1,550 ($19.75) to GBX 1,500 ($19.11) and set a hold rating for the company in a research report on Wednesday, February 22nd. Deutsche Bank AG dropped their price objective on BHP Billiton plc from GBX 1,460 ($18.60) to GBX 1,450 ($18.47) and set a hold rating for the company in a research report on Thursday, April 27th. Shore Capital reiterated a not rated rating on shares of BHP Billiton plc in a research report on Tuesday, April 11th. Finally, Royal Bank Of Canada restated a sector performer rating and issued a GBX 1,625 ($20.70) price target on shares of BHP Billiton plc in a report on Wednesday, April 26th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. The stock has an average rating of Hold and an average price target of GBX 1,306.25 ($16.64).

Analyst Recommendations for BHP Billiton plc (LON:BLT)

Shares of BHP Billiton plc (LON BLT) opened at 1155.50 on Wednesday. The company has a 50 day moving average of GBX 1,178.26 and a 200-day moving average of GBX 1,287.94. The stock’s market cap is GBX 61.50 billion. BHP Billiton plc has a one year low of GBX 793.40 and a one year high of GBX 1,518.50.

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About BHP Billiton plc

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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