RBC Capital reiterated their outperform rating on shares of BHP Billiton (LON:BLT) in a research report sent to investors on Thursday morning, StockRatingsNetwork.com reports. The firm currently has a GBX 21 ($0.34) price target on the stock.
RBC Capital has also taken action a number of other stocks recently. The firm downgraded shares of Agnico-Eagle Mines Limited from an outperform rating to a sector perform rating. Their analysts now have a $31.00 price target on that stock, down previously from $38.00. Also, RBC Capital reiterated its outperform rating on shares of Precision Drilling. Finally, RBC Capital reiterated its outperform rating on shares of Mountain Province Diamonds.
BHP Billiton (LON:BLT) traded up 1.63% during mid-day trading on Thursday, hitting GBX 1845.1799. 7,415,866 shares of the company’s stock traded hands. BHP Billiton has a 52-week low of GBX 1644.00 and a 52-week high of GBX 2251.50. The stock has a 50-day moving average of GBX 1911. and a 200-day moving average of GBX 1868.. The company’s market cap is £98.210 billion.
A number of other firms have also recently commented on BLT. Analysts at JPMorgan Chase & Co. reiterated a neutral rating on shares of BHP Billiton in a research note to investors on Thursday. They now have a GBX 2,300 ($37.66) price target on the stock. Separately, analysts at Credit Suisse reiterated a neutral rating on shares of BHP Billiton in a research note to investors on Friday, November 29th. They now have a GBX 2,250 ($36.84) price target on the stock. Finally, analysts at Deutsche Bank reiterated a buy rating on shares of BHP Billiton in a research note to investors on Tuesday, November 26th. They now have a GBX 2,500 ($40.93) price target on the stock. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and seventeen have issued a buy rating to the company’s stock. BHP Billiton presently has an average rating of Hold and a consensus target price of GBX 1,984.11 ($32.48).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON:BLT).
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