BHP Billiton plc (LON:BLT) had its price objective reduced by Royal Bank Of Canada from GBX 1,500 ($19.54) to GBX 1,375 ($17.91) in a research report sent to investors on Wednesday. Royal Bank Of Canada currently has a sector perform rating on the mining company’s stock.
BLT has been the topic of several other research reports. Credit Suisse Group reiterated a neutral rating and issued a GBX 1,380 ($17.98) price target on shares of BHP Billiton plc in a report on Wednesday, May 17th. Deutsche Bank AG cut their price target on BHP Billiton plc from GBX 1,460 ($19.02) to GBX 1,450 ($18.89) and set a hold rating on the stock in a report on Thursday, April 27th. Shore Capital reiterated a not rated rating on shares of BHP Billiton plc in a report on Tuesday, April 11th. Independent Research GmbH set a GBX 1,350 ($17.59) price target on BHP Billiton plc and gave the stock a neutral rating in a report on Thursday, July 20th. Finally, HSBC Holdings plc upgraded BHP Billiton plc to a buy rating and set a GBX 1,500 ($19.54) price target on the stock in a report on Wednesday, April 19th. Five research analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. BHP Billiton plc currently has an average rating of Hold and a consensus price target of GBX 1,303.41 ($16.98).
Shares of BHP Billiton plc (LON:BLT) opened at 1364.00 on Wednesday. The company has a 50-day moving average price of GBX 1,238.32 and a 200-day moving average price of GBX 1,277.37. The firm’s market cap is GBX 72.59 billion. BHP Billiton plc has a 12 month low of GBX 929.40 and a 12 month high of GBX 1,518.50.
BHP Billiton plc Company Profile
BHP Billiton Plc is a global resources company. The Company is a producer of various commodities, including iron ore, metallurgical coal, copper and uranium. Its segments include Petroleum, Copper, Iron Ore and Coal. The Petroleum segment is engaged in the exploration, development and production of oil and gas.
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