BHP Billiton plc (BLT) Shares Down 0.6%
BHP Billiton plc (LON:BLT) traded down 0.6% during mid-day trading on Tuesday . The company traded as low as GBX 1,353 ($17.85) and last traded at GBX 1,362.50 ($17.98). 6,066,072 shares traded hands during mid-day trading, a decline of 25% from the average session volume of 8,049,120 shares. The stock had previously closed at GBX 1,370.50 ($18.09).
A number of equities research analysts recently issued reports on the company. UBS AG set a GBX 1,375 ($18.14) price objective on BHP Billiton plc and gave the stock a “buy” rating in a research report on Thursday, July 6th. Macquarie restated an “outperform” rating and set a GBX 1,600 ($21.11) price target on shares of BHP Billiton plc in a research report on Thursday, October 26th. Credit Suisse Group raised their price target on BHP Billiton plc from GBX 1,380 ($18.21) to GBX 1,430 ($18.87) and gave the company a “neutral” rating in a research report on Thursday, October 26th. Deutsche Bank AG restated a “buy” rating and set a GBX 1,600 ($21.11) price target on shares of BHP Billiton plc in a research report on Monday, August 14th. Finally, HSBC Holdings plc restated a “hold” rating and set a GBX 1,320 ($17.42) price target on shares of BHP Billiton plc in a research report on Friday, August 18th. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. BHP Billiton plc presently has an average rating of “Hold” and an average target price of GBX 1,355.95 ($17.89).
The firm’s market capitalization is GBX 72.53 billion. The stock’s 50 day moving average price is GBX 1,366.53 and its 200 day moving average price is GBX 1,292.83.
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BHP Billiton plc Company Profile
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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