Deutsche Bank reaffirmed their buy rating on shares of BHP Billiton (LON: BLT) in a report released on Tuesday, Analyst Ratings.Net reports. Deutsche Bank currently has a GBX 2,300 ($34.99) price objective on the stock.
BHP Billiton (LON: BLT) traded up 3.95% on Tuesday, hitting GBX 1736.50. BHP Billiton has a 52-week low of GBX 1667.00 and a 52-week high of GBX 2251.50. The stock’s 50-day moving average is currently GBX 1926.. The company’s market cap is £92.399 billion.
Several other analysts have also recently commented on the stock. Analysts at Sanford C. Bernstein reiterated an outperform rating on shares of BHP Billiton in a research note to investors on Tuesday, June 25th. They now have a GBX 2,250 ($34.23) price target on the stock. Separately, analysts at Morgan Stanley cut their price target on shares of BHP Billiton from GBX 2,120 ($32.25) to GBX 2,000 ($30.42) in a research note to investors on Tuesday, June 25th. They now have an outperform rating on the stock. Finally, analysts at SBG Securities reiterated a buy rating on shares of BHP Billiton in a research note to investors on Monday, June 24th. They now have a GBX 2,300 ($34.99) price target on the stock.
Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and sixteen have issued a buy rating to the stock. The company has a consensus rating of Buy and an average price target of GBX 2,165.69 ($32.94).
BHP Billiton plc is diversified natural resources company. The Company generally operates through customer sector groups (LON: BLT).