BHP Billiton plc (BLT) Rating Reiterated by Deutsche Bank AG
Deutsche Bank AG reissued their buy rating on shares of BHP Billiton plc (LON:BLT) in a research report report published on Monday morning. They currently have a GBX 1,600 ($21.52) target price on the mining company’s stock.
A number of other equities analysts also recently commented on BLT. UBS AG set a GBX 1,375 ($18.49) price objective on BHP Billiton plc and gave the stock a buy rating in a research report on Thursday, July 6th. HSBC Holdings plc reissued a hold rating and set a GBX 1,320 ($17.75) target price on shares of BHP Billiton plc in a research note on Friday, August 18th. Liberum Capital reissued a sell rating and set a GBX 800 ($10.76) target price on shares of BHP Billiton plc in a research note on Tuesday, August 22nd. Goldman Sachs Group, Inc. (The) reissued a sell rating and set a GBX 1,075 ($14.46) target price on shares of BHP Billiton plc in a research note on Tuesday, August 22nd. Finally, J P Morgan Chase & Co raised their target price on BHP Billiton plc from GBX 1,180 ($15.87) to GBX 1,190 ($16.00) and gave the stock an underweight rating in a research note on Wednesday, August 23rd. Six research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. BHP Billiton plc currently has an average rating of Hold and a consensus price target of GBX 1,324.09 ($17.81).
BHP Billiton plc (BLT) opened at 1320.00 on Monday. The company’s market cap is GBX 70.27 billion. The firm has a 50-day moving average price of GBX 1,398.73 and a 200 day moving average price of GBX 1,275.15. BHP Billiton plc has a 12 month low of GBX 1,070.50 and a 12 month high of GBX 1,518.50.
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The firm also recently declared a dividend, which was paid on Tuesday, September 26th. Shareholders of record on Thursday, September 7th were issued a dividend of $0.43 per share. This represents a yield of 2.37%. This is an increase from BHP Billiton plc’s previous dividend of $0.40. The ex-dividend date was Thursday, September 7th.
About BHP Billiton plc
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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