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Deutsche Bank announced BHP Billiton PLC (LON:BLT), boosting its stock price target to 1,290.00GBX today

Just yesterday BHP Billiton PLC (LON:BLT) traded 0.65% higher at 1,194.25GBX. BHP Billiton PLC’s 50-day moving average is 1,063.91GBX and its 200-day moving average is 932.42GBX. The last stock price is up 33.04% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 1,479,467 shares of BLT traded hands, down from an average trading volume of 9,128,670

In a report released on 10/05/2016 Deutsche Bank increased the stock price target of BHP Billiton PLC (LON:BLT) from 1,230.00GBX to 1,290.00GBX reporting a possible upside of 0.08%.

Previously on Thursday September 29, 2016, Jefferies International released a statement about BHP Billiton PLC (LON:BLT) held steady the target price at 1,250.00GBX. At the time, this indicated a possible upside of 0.14%.

Recent Performance Chart

BHP Billiton PLC (LON:BLT)

BHP Billiton PLC has 52 week low of 571.60GBX and a 52 week high of 1,255.00GBX 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 ratings update 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 engaged in exploration, development, production, processing and marketing of minerals, in respect of iron ore, metallurgical and energy coal, copper, aluminum, manganese, uranium, nickel, silver and potash, and exploration, development, production and marketing of conventional and unconventional oil and gas. The Company operates through segments, including Petroleum and Potash, Copper, Iron Ore and Coal. The Company's Petroleum and Potash segment is engaged in exploration, development and production of oil and gas and potash pre-development. 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.

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