BHP Billiton (BLT) Upgraded to “Buy” at Citigroup

Citigroup upgraded shares of BHP Billiton (LON:BLT) to a buy rating in a report published on Tuesday morning.

Other equities analysts have also issued reports about the stock. UBS set a GBX 1,375 ($18.51) price objective on shares of BHP Billiton and gave the company a buy rating in a research report on Tuesday, August 22nd. Deutsche Bank reiterated a buy rating and issued a GBX 1,600 ($21.53) price target on shares of BHP Billiton in a report on Monday, August 14th. Barclays raised their price objective on shares of BHP Billiton from GBX 1,300 ($17.50) to GBX 1,375 ($18.51) and gave the stock an equal weight rating in a research note on Tuesday, October 24th. reaffirmed a hold rating and set a GBX 1,320 ($17.77) price objective on shares of BHP Billiton in a research note on Thursday, August 24th. Finally, Jefferies Group lifted their price target on shares of BHP Billiton from GBX 1,450 ($19.52) to GBX 1,500 ($20.19) and gave the company a hold rating in a research note on Thursday, August 31st. Six equities research analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average price target of GBX 1,367.81 ($18.41).

BHP Billiton (LON BLT) opened at GBX 1,341.50 ($18.06) on Tuesday. BHP Billiton has a 1 year low of GBX 1,103 ($14.85) and a 1 year high of GBX 1,518.50 ($20.44).

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BHP Billiton 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 (LON:BLT)

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