Morgan Stanley lowered shares of BHP Billiton (LON:BLT) to an equal weight rating in a research report report published on Tuesday morning.

BLT has been the topic of a number of other reports. HSBC restated a hold rating and set a GBX 1,740 ($22.67) target price on shares of BHP Billiton in a research report on Friday, June 15th. Deutsche Bank reiterated a buy rating on shares of BHP Billiton in a research report on Thursday, July 19th. Credit Suisse Group reiterated a neutral rating on shares of BHP Billiton in a research report on Wednesday, September 5th. Liberum Capital reiterated a sell rating and issued a GBX 1,300 ($16.93) price objective on shares of BHP Billiton in a research report on Friday, July 27th. Finally, UBS Group reiterated a buy rating and issued a GBX 2,000 ($26.05) price objective on shares of BHP Billiton in a research report on Wednesday, September 19th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 1,720.53 ($22.41).

Shares of BLT opened at GBX 1,670 ($21.75) on Tuesday. BHP Billiton has a 12-month low of GBX 1,103 ($14.37) and a 12-month high of GBX 1,662.40 ($21.65).

The company also recently disclosed a dividend, which was paid on Tuesday, September 25th. Investors of record on Thursday, September 6th were given a $0.63 dividend. This represents a yield of 3.03%. This is a positive change from BHP Billiton’s previous dividend of $0.55. The ex-dividend date of this dividend was Thursday, September 6th.

BHP Billiton Company Profile

BHP Billiton Plc, together with its subsidiaries, discovers, acquires, develops, and markets natural resources worldwide. It operates through four segments: Petroleum, Copper, Iron Ore, and Coal. The company explores for copper, silver, lead, zinc, molybdenum, uranium, gold, and iron ores, as well as metallurgical coal, thermal energy coal, and oil and gas properties.

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Analyst Recommendations for BHP Billiton (LON:BLT)

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