Brokerages Set BHP Billiton plc (BLT) Target Price at $1,430.47

Shares of BHP Billiton plc (LON:BLT) have been assigned a consensus recommendation of “Hold” from the twenty research firms that are currently covering the company, Marketbeat reports. Three investment analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and six have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,448.28 ($20.01).

Several research analysts have commented on the stock. Credit Suisse Group reiterated a “neutral” rating and set a GBX 1,430 ($19.76) price target on shares of BHP Billiton in a report on Monday, January 29th. Macquarie reiterated an “outperform” rating and set a GBX 1,900 ($26.25) price target on shares of BHP Billiton in a report on Monday, February 5th. Jefferies Group reiterated a “hold” rating and set a GBX 1,500 ($20.72) price target on shares of BHP Billiton in a report on Thursday, October 19th. Barclays reiterated an “equal weight” rating and set a GBX 1,375 ($19.00) price target on shares of BHP Billiton in a report on Wednesday, November 29th. Finally, Liberum Capital reiterated a “sell” rating and set a GBX 800 ($11.05) price target on shares of BHP Billiton in a report on Monday, November 27th.

BHP Billiton (LON:BLT) traded up GBX 43 ($0.59) during midday trading on Friday, reaching GBX 1,574.60 ($21.75). 11,336,485 shares of the company’s stock traded hands, compared to its average volume of 7,790,000. BHP Billiton has a 12 month low of GBX 1,103 ($15.24) and a 12 month high of GBX 1,662.40 ($22.97). The firm has a market cap of $88,980.00 and a PE ratio of 1,993.16.

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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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