BHP Billiton plc (LON:BLT)‘s stock had its “equal weight” rating reaffirmed by investment analysts at Barclays PLC in a research note issued on Wednesday. They currently have a GBX 1,175 ($14.68) price objective on the mining company’s stock. Barclays PLC’s price target suggests a potential downside of 13.35% from the company’s previous close.
BLT has been the topic of several other research reports. BNP Paribas restated a “neutral” rating and issued a GBX 1,060 ($13.24) target price on shares of BHP Billiton plc in a report on Tuesday, August 23rd. Canaccord Genuity restated a “hold” rating and issued a GBX 850 ($10.62) target price on shares of BHP Billiton plc in a report on Wednesday, July 20th. Credit Suisse Group AG upped their price objective on shares of BHP Billiton plc from GBX 1,050 ($13.12) to GBX 1,150 ($14.37) and gave the company an “outperform” rating in a report on Monday, September 19th. Deutsche Bank AG upped their price objective on shares of BHP Billiton plc from GBX 1,230 ($15.37) to GBX 1,290 ($16.12) and gave the company a “hold” rating in a report on Wednesday, October 5th. Finally, Macquarie reiterated a “neutral” rating and set a GBX 1,070 ($13.37) price objective on shares of BHP Billiton plc in a report on Monday, September 5th. Four investment analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have assigned a buy rating to the company’s stock. BHP Billiton plc currently has an average rating of “Hold” and an average price target of GBX 1,074 ($13.42).
Shares of BHP Billiton plc (LON:BLT) traded down 0.367% during trading on Wednesday, hitting GBX 1350.392. The stock had a trading volume of 5,569,775 shares. The company’s market capitalization is GBX 71.87 billion. The firm has a 50-day moving average of GBX 1,254.24 and a 200 day moving average of GBX 1,030.93. BHP Billiton plc has a 1-year low of GBX 571.60 and a 1-year high of GBX 1,396.00.
In other BHP Billiton plc news, insider Frew,Anita bought 4,500 shares of BHP Billiton plc stock in a transaction that occurred on Tuesday, September 6th. The shares were bought at an average price of GBX 998 ($12.47) per share, with a total value of £44,910 ($56,109.45).