BHP Billiton PLC (LON:BLT) Rating Reaffirmed
They currently have a GBX 1150.00 PT on BHP Billiton PLC (LON:BLT). The target price by Jefferies International would suggest a potential upside of 44.02% from the company’s last price. This has been unveiled in a very recent research note 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 132 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Barclays Capital maintained shares on December 4 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 3 with “Hold” rating. Bernstein maintained the rating on November 30. Bernstein has a “Market Perform” rating and a GBX 1850 price target on shares. Finally, UBS maintained the stock with “Buy” 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 42.32% 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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