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BHP Billiton PLC (LON:BLT) target bumped down to 1,400.00GBX, released a research note earlier today by Deutsche Bank

Just yesterday BHP Billiton PLC (LON:BLT) traded -2.05% lower at 1,155.50GBX. BHP Billiton PLC’s 50-day moving average is 1,399.99GBX and its 200-day moving average is 1,273.88GBX. With the last stock price close down 10.57% relative to the two hundred day average, compared with the S&P 500 which has increased 0.04% over the same time. 7,888,123 shares of the stock were exchanged, down from an average trading volume of 8,266,780

Indicating a possible upside of 0.21%, Deutsche Bank reduced the stock price target of BHP Billiton PLC (LON:BLT) to 1,400.00GBX

Previously on 6/21/2017, Macquarie released a statement about BHP Billiton PLC (LON:BLT) held steady the target price at 1,510.00GBX. At the time, this indicated a possible upside of 0.32%.

Recent Performance Chart

BHP Billiton PLC (LON:BLT)

BHP Billiton PLC has 52 week low of 969.90GBX and a 52 week high of 1,518.50GBX with a PE ratio of 12.76 and has a market capitalization of 0 GBX.

In addition to Deutsche Bank reporting its stock price target, a total of 23 brokerages have issued a research note on the company. The average stock price target is 11.79GBX with 3 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 16 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 1 brokerage rating the stock a sell.

Brief Synopsis On BHP Billiton PLC (LON:BLT)

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. The Copper segment is engaged in mining of copper, silver, lead, zinc, molybdenum, uranium and gold. The Iron Ore segment is engaged in mining of iron ore. The Coal segment is engaged in mining of metallurgical coal and thermal (energy) coal. Its businesses include Minerals Australia, Minerals Americas, Petroleum and Marketing. It extracts and processes minerals, oil and gas from its production operations located primarily in Australia and the Americas. It manages product distribution through its global logistics chain, including freight and pipeline transportation. It sells its products through direct supply agreements with its customers and on global commodity exchanges.

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