Shares of BHP Billiton plc (LON:BLT) have received a consensus rating of “Hold” from the twenty-one research firms that are currently covering the stock, MarketBeat reports. Four research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. The average 1 year target price among brokers that have covered the stock in the last year is GBX 1,430.47 ($20.06).
A number of brokerages have issued reports on BLT. Macquarie reiterated an “outperform” rating and set a GBX 1,900 ($26.64) price objective on shares of BHP Billiton in a research note on Monday. Credit Suisse Group reiterated a “neutral” rating and set a GBX 1,430 ($20.05) price objective on shares of BHP Billiton in a research note on Monday, January 29th. Liberum Capital reiterated a “sell” rating and set a GBX 800 ($11.22) price objective on shares of BHP Billiton in a research note on Wednesday, January 24th. JPMorgan Chase & Co. lifted their price objective on BHP Billiton from GBX 1,405 ($19.70) to GBX 1,560 ($21.87) and gave the company a “neutral” rating in a research note on Friday, January 19th. Finally, Morgan Stanley reissued an “overweight” rating and issued a GBX 1,610 ($22.57) target price on shares of BHP Billiton in a report on Thursday, January 18th.
Shares of BHP Billiton (LON BLT) traded up GBX 0.40 ($0.01) during trading hours on Friday, reaching GBX 1,475.40 ($20.69). The company’s stock had a trading volume of 9,968,403 shares, compared to its average volume of 7,300,000. The stock has a market capitalization of $84,280.00 and a PE ratio of 1,867.59. BHP Billiton has a 1-year low of GBX 1,103 ($15.47) and a 1-year high of GBX 1,662.40 ($23.31).
About BHP Billiton
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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