BHP Billiton plc (LON:BLT)‘s stock had its “equal weight” rating restated by analysts at Barclays PLC in a research report issued to clients and investors on Thursday. They currently have a GBX 990 ($12.92) target price on the mining company’s stock. Barclays PLC’s target price indicates a potential downside of 17.64% from the stock’s current price.
A number of other brokerages also recently weighed in on BLT. JPMorgan Chase & Co. reaffirmed an “underweight” rating and issued a GBX 1,000 ($13.05) target price on shares of BHP Billiton plc in a research note on Thursday. Royal Bank Of Canada reaffirmed a “sector performer” rating on shares of BHP Billiton plc in a research note on Thursday. Credit Suisse Group AG reaffirmed an “outperform” rating and issued a GBX 1,150 ($15.01) target price on shares of BHP Billiton plc in a research note on Thursday. Deutsche Bank AG boosted their target price on shares of BHP Billiton plc from GBX 1,230 ($16.06) to GBX 1,290 ($16.84) and gave the stock a “hold” rating in a research note on Wednesday. Finally, Macquarie reissued an “outperform” rating and set a GBX 1,280 ($16.71) price target on shares of BHP Billiton plc in a research note on Wednesday. Four equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and seven have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 983.75 ($12.84).
BHP Billiton plc (LON:BLT) traded down 0.17% during midday trading on Thursday, reaching GBX 1202.00. 7,536,628 shares of the company’s stock were exchanged. The firm’s 50-day moving average is GBX 1,058.73 and its 200 day moving average is GBX 930.31. The stock’s market cap is GBX 63.98 billion. BHP Billiton plc has a 1-year low of GBX 571.60 and a 1-year high of GBX 1,217.00.
In other news, insider Frew,Anita purchased 4,500 shares of the company’s stock in a transaction on Tuesday, September 6th. The shares were purchased at an average cost of GBX 998 ($13.03) per share, with a total value of £44,910 ($58,621.59).