BHP Billiton plc (BLT) Receives GBX 1,702.40 Consensus Target Price from Brokerages

Shares of BHP Billiton plc (LON:BLT) have been assigned a consensus rating of “Hold” from the eighteen research firms that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eleven have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,721.56 ($22.50).

BLT has been the topic of a number of analyst reports. Citigroup reiterated a “buy” rating on shares of BHP Billiton in a research note on Friday, August 24th. Deutsche Bank reiterated a “buy” rating on shares of BHP Billiton in a research note on Friday, August 17th. UBS Group reiterated a “buy” rating and set a GBX 2,000 ($26.13) price objective on shares of BHP Billiton in a research note on Wednesday, September 19th. Credit Suisse Group reiterated a “neutral” rating on shares of BHP Billiton in a research note on Wednesday, September 5th. Finally, BMO Capital Markets reiterated a “market perform” rating and set a GBX 1,800 ($23.52) price objective on shares of BHP Billiton in a research note on Thursday, August 23rd.

LON:BLT opened at GBX 1,539 ($20.11) on Wednesday. BHP Billiton has a 52-week low of GBX 1,103 ($14.41) and a 52-week high of GBX 1,662.40 ($21.72).

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

About BHP Billiton

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, energy coal, and oil and gas.

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Analyst Recommendations for BHP Billiton (LON:BLT)

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