BHP Billiton plc (LON:BLT) Given a GBX 1,400 Price Target by S&P Global Analysts

S&P Global set a GBX 1,400 ($18.28) price objective on BHP Billiton plc (LON:BLT) in a research note issued to investors on Wednesday. The brokerage currently has a buy rating on the mining company’s stock.

Several other brokerages also recently commented on BLT. Morgan Stanley set a GBX 1,510 ($19.72) price target on shares of BHP Billiton plc and gave the company a buy rating in a report on Wednesday, April 12th. Jefferies Group LLC decreased their target price on shares of BHP Billiton plc from GBX 1,800 ($23.50) to GBX 1,700 ($22.20) and set a buy rating on the stock in a research report on Tuesday, April 18th. UBS AG set a GBX 1,400 ($18.28) target price on shares of BHP Billiton plc and gave the stock a neutral rating in a research report on Monday, March 27th. Liberum Capital reiterated a sell rating and issued a GBX 800 ($10.45) target price on shares of BHP Billiton plc in a research report on Wednesday, May 10th. Finally, Credit Suisse Group restated a neutral rating and issued a GBX 1,380 ($18.02) price objective on shares of BHP Billiton plc in a research report on Wednesday, May 17th. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of GBX 1,313.64 ($17.15).

BHP Billiton plc (LON BLT) traded down 0.34% during mid-day trading on Wednesday, hitting GBX 1315.00. The company had a trading volume of 7,911,544 shares. BHP Billiton plc has a 12-month low of GBX 907.80 and a 12-month high of GBX 1,518.50. The company’s 50 day moving average price is GBX 1,210.91 and its 200-day moving average price is GBX 1,276.73. The firm’s market capitalization is GBX 69.98 billion.

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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.

Analyst Recommendations for BHP Billiton plc (LON:BLT)

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