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BHP Billiton PLC (LON:BLT) target price raised to 1,510.00GBX, issued a report today by Macquarie

BHP Billiton PLC (LON:BLT) had its target price raised to 1,510.00GBX by Macquarie in a report released 06/19/2017. The new target price indicates a possible upside of 0.28% based on the company's last closing price.

Previously on 6/8/2017, Jefferies International reported on BHP Billiton PLC (LON:BLT) lowered the target price from 1,500.00GBX to 1,250.00GBX. At the time, this indicated a possible upside of 0.06%.

Yesterday BHP Billiton PLC (LON:BLT) traded -0.59% lower at 1,180.00GBX. The company’s 50-day moving average is 1,398.73GBX and its 200-day moving average is 1,275.15GBX. The last closing price is down 5.40% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 7,845,899 shares of the stock were exchanged, down from an average trading volume of 7,973,660

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BHP Billiton PLC (LON:BLT)

BHP Billiton PLC has a 52 week low of 1,025.00GBX and a 52 week high of 1,518.50GBX with a P/E ratio of 12.17 The company’s market cap is currently 0 GBX.

In addition to Macquarie reporting its target price, a total of 23 brokers have issued a report on the stock. The consensus target price is 11.79GBX with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 16 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.

General Information About 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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