Shares of BHP Billiton plc (LON:BLT) have been given an average rating of “Hold” by the twenty-three analysts that are currently covering the stock, Marketbeat reports. Six equities research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 1,322.73 ($17.08).
A number of brokerages have issued reports on BLT. Credit Suisse Group restated a “neutral” rating and set a GBX 1,380 ($17.82) target price on shares of BHP Billiton plc in a report on Wednesday, May 17th. Deutsche Bank AG restated a “buy” rating and set a GBX 1,600 ($20.66) target price on shares of BHP Billiton plc in a report on Sunday, August 20th. Royal Bank Of Canada reduced their target price on BHP Billiton plc from GBX 1,500 ($19.37) to GBX 1,375 ($17.76) and set a “sector perform” rating on the stock in a report on Wednesday, July 26th. Independent Research GmbH set a GBX 1,350 ($17.44) target price on BHP Billiton plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, J P Morgan Chase & Co raised their target price on BHP Billiton plc from GBX 1,180 ($15.24) to GBX 1,190 ($15.37) and gave the stock an “underweight” rating in a report on Wednesday, August 23rd.
BHP Billiton plc (LON:BLT) traded up 1.30% during mid-day trading on Tuesday, reaching GBX 1438.00. The company’s stock had a trading volume of 10,581,197 shares. The company’s market cap is GBX 76.56 billion. The stock’s 50 day moving average is GBX 1,396.96 and its 200 day moving average is GBX 1,274.12. BHP Billiton plc has a 12 month low of GBX 967.30 and a 12 month high of GBX 1,518.50.
The business also recently declared a dividend, which will be paid on Tuesday, September 26th. Shareholders of record on Thursday, September 7th will be given a dividend of $0.43 per share. This is a positive change from BHP Billiton plc’s previous dividend of $0.40. The ex-dividend date of this dividend is Thursday, September 7th. This represents a dividend yield of 2.37%.
BHP Billiton plc 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.
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