Today: Today, BHP Billiton plc (BLT) Earns “Neutral” Rating from BNP Paribas

Today, BHP Billiton plc (BLT) Earns “Neutral” Rating from BNP Paribas

BHP Billiton plc (LON:BLT)‘s stock had its “neutral” rating reaffirmed by analysts at BNP Paribas in a report released on Thursday. They currently have a GBX 1,060 ($13.84) price target on the mining company’s stock. BNP Paribas’ price objective indicates a potential downside of 11.81% from the stock’s current price.

Other equities research analysts also recently issued research reports about the stock. Barclays PLC reaffirmed an “equal weight” rating and issued a GBX 990 ($12.92) price objective on shares of BHP Billiton plc in a report on Thursday. JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 1,000 ($13.05) price target on shares of BHP Billiton plc in a report on Thursday. Royal Bank Of Canada reissued a “sector performer” rating on shares of BHP Billiton plc in a report on Thursday. Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 1,150 ($15.01) price target on shares of BHP Billiton plc in a report on Thursday. Finally, Jefferies Group upped their price target on shares of BHP Billiton plc from GBX 800 ($10.44) to GBX 900 ($11.75) and gave the company a “hold” rating in a report on Thursday, July 7th. Four equities research analysts have rated the stock with a sell rating, eighteen have assigned a hold rating and seven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 983.75 ($12.84).

Shares of BHP Billiton plc (LON:BLT) traded down 0.17% during midday trading on Thursday, hitting GBX 1202.00. 7,536,628 shares of the stock were exchanged. BHP Billiton plc has a one year low of GBX 571.60 and a one year high of GBX 1,217.00. The stock’s market cap is GBX 63.98 billion. The stock’s 50-day moving average price is GBX 1,058.73 and its 200 day moving average price is GBX 930.31.

10/06/bhp-billiton-plc-blt-earns-neutral-rating-from-bnp-paribas.html

In related news, insider Frew,Anita bought 4,500 shares of the firm’s stock in a transaction on Tuesday, September 6th. The stock was purchased at an average price of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).

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