BHP Billiton plc (LON:BLT)‘s stock had its “outperform” rating reaffirmed by Macquarie in a research note issued to investors on Tuesday. They presently have a GBX 1,570 ($20.31) price target on the mining company’s stock. Macquarie’s price target would suggest a potential upside of 7.94% from the company’s previous close.

BLT has been the subject of a number of other reports. Credit Suisse Group reiterated a “neutral” rating and set a GBX 1,380 ($17.85) price objective on shares of BHP Billiton plc in a report on Wednesday, May 17th. Deutsche Bank AG reiterated a “buy” rating and set a GBX 1,600 ($20.69) price objective on shares of BHP Billiton plc in a report on Sunday, August 20th. Royal Bank Of Canada decreased their price objective on BHP Billiton plc from GBX 1,500 ($19.40) to GBX 1,375 ($17.78) and set a “sector perform” rating for the company in a report on Wednesday, July 26th. Independent Research GmbH set a GBX 1,350 ($17.46) price objective on BHP Billiton plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, J P Morgan Chase & Co increased their price objective on BHP Billiton plc from GBX 1,180 ($15.26) to GBX 1,190 ($15.39) and gave the stock an “underweight” rating in a report on Wednesday, August 23rd. Five investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,320.68 ($17.08).

Shares of BHP Billiton plc (BLT) opened at 1454.50 on Tuesday. The firm’s 50 day moving average is GBX 1,345.81 and its 200 day moving average is GBX 1,268.63. The firm’s market capitalization is GBX 77.44 billion. BHP Billiton plc has a 1-year low of GBX 957.10 and a 1-year high of GBX 1,518.50.

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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.

Analyst Recommendations for BHP Billiton plc (LON:BLT)

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