BHP Billiton PLC (LON:BLT): Barclays Capital Sticks With “Equal weight” Rating Today, Has a Target of GBX 900.00/Share

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BHP Billiton PLC (LON:BLT) Rating Reaffirmed

The financial firm has just set a target price per share of GBX 900.00 on BHP Billiton PLC (LON:BLT) shares. This is 10.70% from the closing share price. In a very recent research note issued on Wednesday, 2 December, Barclays Capital reiterated their “Equal weight” rating on shares of BLT.

From a total of 25 analysts covering BHP Billiton PLC (LON:BLT) stock, 10 rate it a ”Buy”, 2 a “Sell”, and 16 a ”Hold”. This means that 36% of the ratings are positive. The highest target price is GBX 27.85 while the lowest target price is GBX 11.29. The mean of all analyst targets is GBX 16.71 with a 40.91% above today’s (GBX 806.72) stock price. BHP Billiton PLC was the topic of 129 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 2 with “Equal Weight” rating. Macquarie Research maintained shares with “Outperform” rating and GBX 1250 target share price in a report from a November 30. Deutsche Bank maintained BLT stock in a recent report from December 1 with “Hold” rating. Societe Generale maintained the rating on November 26. Societe Generale has a “Hold” rating and a GBX 915 price target on shares. Finally, Bernstein maintained the stock with “Market Perform” rating in a report issued on a November 30.

The stock decreased 0.74% or GBX 5.98 on December 1, striking GBX 806.72. Approximately shares of stock traded hands. BHP Billiton plc (LON:BLT) has declined 45.89% since May 5, 2015 and is downtrending. It has underperformed by 45.69% the S&P500.

BHP Billiton PLC (LON:BLT): Barclays Capital Sticks With

BHP Billiton Plc is engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional gas and oil. The company has a market cap of 45.98 billion GBP. The Firm operates through divisions, including Petroleum and Potash, Copper, Iron Ore and Coal. It has 18.96 P/E ratio. The Company’s Petroleum and Potash segment is engaged in exploration, development and production of gas and oil and potash pre-development.

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