The BHP Billiton plc (BLT) Given Equal weight Rating at Barclays PLC

The BHP Billiton plc (BLT) Given Equal weight Rating at Barclays PLC

Barclays PLC reiterated their equal weight rating on shares of BHP Billiton plc (LON:BLT) in a research report released on Thursday. They currently have a GBX 990 ($12.92) target price on the mining company’s stock.

BLT has been the subject of several other reports. BNP Paribas reissued a neutral rating and issued a GBX 1,060 ($13.84) price objective on shares of BHP Billiton plc in a research note on Tuesday, August 23rd. Canaccord Genuity restated a hold rating and issued a GBX 850 ($11.10) target price on shares of BHP Billiton plc in a report on Wednesday, July 20th. Credit Suisse Group AG upped their target price on BHP Billiton plc from GBX 1,050 ($13.71) to GBX 1,150 ($15.01) and gave the company an outperform rating in a report on Monday, September 19th. Deutsche Bank AG upped their target price on BHP Billiton plc from GBX 1,230 ($16.06) to GBX 1,290 ($16.84) and gave the company a hold rating in a report on Wednesday. Finally, Macquarie restated a neutral rating and issued a GBX 1,070 ($13.97) target price on shares of BHP Billiton plc in a report on Monday, September 5th. Four equities research analysts have rated the stock with a sell rating, eighteen have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average target price of GBX 983.75 ($12.84).

BHP Billiton plc (LON:BLT) traded up 2.54% during mid-day trading on Thursday, hitting GBX 1232.50. The company had a trading volume of 8,878,492 shares. The company’s market capitalization is GBX 65.60 billion. The company has a 50-day moving average price of GBX 1,058.73 and a 200 day moving average price of GBX 930.31. BHP Billiton plc has a 52-week low of GBX 571.60 and a 52-week high of GBX 1,255.00.

In related news, insider Frew,Anita bought 4,500 shares of the stock in a transaction on Tuesday, September 6th. The shares were bought at an average cost of GBX 998 ($13.03) per share, for a total transaction of £44,910 ($58,621.59).

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