Morgan Stanley reissued their overweight rating on shares of BHP Billiton (LON:BLT) in a research report report published on Thursday, January 18th. Morgan Stanley currently has a GBX 1,610 ($22.24) price objective on the mining company’s stock.
A number of other research firms have also recently commented on BLT. JPMorgan Chase & Co. reaffirmed an underweight rating and set a GBX 1,235 ($17.06) price objective on shares of BHP Billiton in a research report on Thursday, October 19th. Credit Suisse Group reissued a neutral rating and set a GBX 1,430 ($19.76) target price on shares of BHP Billiton in a report on Wednesday, November 15th. Barclays reissued an equal weight rating and set a GBX 1,375 ($19.00) target price on shares of BHP Billiton in a report on Wednesday, November 29th. Deutsche Bank reissued a buy rating and set a GBX 1,650 ($22.80) target price on shares of BHP Billiton in a report on Wednesday, November 29th. Finally, Citigroup reissued a neutral rating on shares of BHP Billiton in a report on Wednesday, November 29th. Three research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of Hold and an average target price of GBX 1,445.74 ($19.97).
BHP Billiton (LON BLT) opened at GBX 1,505 ($20.79) on Thursday. BHP Billiton has a 52-week low of GBX 1,103 ($15.24) and a 52-week high of GBX 1,662.40 ($22.97). The company has a market cap of $85,150.00 and a price-to-earnings ratio of 1,905.06.
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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.
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