BHP Billiton (BLT) Given Neutral Rating at Credit Suisse Group
Credit Suisse Group restated their neutral rating on shares of BHP Billiton (LON:BLT) in a report released on Monday. Credit Suisse Group currently has a GBX 1,430 ($20.08) target price on the mining company’s stock.
Other equities analysts have also recently issued research reports about the stock. Deutsche Bank reaffirmed a buy rating and set a GBX 1,650 ($23.17) price objective on shares of BHP Billiton in a research report on Tuesday, November 21st. Citigroup raised shares of BHP Billiton to a buy rating in a research report on Tuesday, December 5th. Barclays raised their price target on shares of BHP Billiton from GBX 1,300 ($18.26) to GBX 1,375 ($19.31) and gave the company an equal weight rating in a research report on Tuesday, October 24th. Societe Generale raised their price target on shares of BHP Billiton from GBX 700 ($9.83) to GBX 1,404 ($19.72) and gave the company a hold rating in a research report on Thursday, November 9th. Finally, raised their price target on shares of BHP Billiton from GBX 1,500 ($21.06) to GBX 1,530 ($21.49) and gave the company a hold rating in a research report on Thursday, October 19th. Four investment analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the stock. BHP Billiton presently has a consensus rating of Hold and a consensus target price of GBX 1,413.95 ($19.86).
BHP Billiton (BLT) opened at GBX 1,564 ($21.96) on Monday. The firm has a market cap of $88,400.00 and a P/E ratio of 2,005.13. BHP Billiton has a 1 year low of GBX 1,103 ($15.49) and a 1 year high of GBX 1,662.40 ($23.35).
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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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