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BHP Billiton plc (LON:BLT)‘s stock had its “overweight” rating reissued by investment analysts at Barclays in a note issued to investors on Tuesday. They currently have a GBX 1,500 ($22.59) price objective on the stock. Barclays’ price target points to a potential upside of 1.97% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group raised their price target on shares of BHP Billiton plc from GBX 1,350 ($20.33) to GBX 1,600 ($24.10) and gave the company a “hold” rating in a research note on Tuesday. Analysts at Sanford C. Bernstein reiterated a “market perform” rating and set a GBX 1,850 ($27.87) price target on shares of BHP Billiton plc in a research note on Monday, March 2nd. Analysts at Societe Generale reiterated a “hold” rating and set a GBX 1,700 ($25.61) price target on shares of BHP Billiton plc in a research note on Friday, February 27th. Finally, analysts at Charles Stanley reiterated an “accumulate” rating on shares of BHP Billiton plc in a research note on Wednesday, February 25th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 1,687.76 ($25.42).
Shares of BHP Billiton plc (LON:BLT) opened at 1471.00 on Tuesday. BHP Billiton plc has a one year low of GBX 1247.50 and a one year high of GBX 2102.5298. The stock has a 50-day moving average of GBX 1520. and a 200-day moving average of GBX 1586.56. The company’s market cap is £78.213 billion.
BHP Billiton PLC (LON:BLT) is an Australia-based mining company having interests in diversified natural resources. The Company mines, extracts and produce aluminum, coal, copper, iron ore, manganese, nickel, silver and uranium, and oil and gas.