BHP Billiton PLC (LON:BLT) Rating Reaffirmed
BHP Billiton PLC (LON:BLT) just had their share rating of a ‘Equal weight’ issued by research analysts at Barclays Capital, who now has a GBX 900.00 target price per share on the 44.59B GBP market cap company or a 14.30% upside potential. This key information was announced to investors in a recent report on Friday, 4 December.
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 27.9 while the lowest target price is GBX 11.31. The mean of all analyst targets is GBX 16.72 with a 44.37% above today’s (GBX 787.4) stock price. BHP Billiton PLC was the topic of 130 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Deutsche Bank maintained shares on December 3 with “Hold” rating. Macquarie Research maintained shares with “Outperform” rating and GBX 1250 target share price in a report from a November 30. Citigroup maintained BLT stock in a recent report from December 1 with “Neutral” 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 closed the day at GBX 787.4 during the previous session. It is down 45.11% since May 7, 2015 and is downtrending. It has underperformed by 44.82% the S&P500.
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 44.59 billion GBP. The Firm operates through divisions, including Petroleum and Potash, Copper, Iron Ore and Coal. It has 18.58 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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