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HSBC disclosed BHP Billiton PLC (LON:BLT), hiking its price target to 1,530.00GBX earlier today

Having a price of 1,395.00GBX, BHP Billiton PLC (LON:BLT) traded -1.77% lower on the day. With the last close up 8.04% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same period. BLT has recorded a 50-day average of 1,388.15GBX and a two hundred day average of 1,286.59GBX. Trade Volume was down over the average, with 6,463,910 shares of BLT changing hands under the typical 8,448,010

Reporting a potential upside of 0.10%, HSBC upped the price target of BHP Billiton PLC (LON:BLT) to 1,530.00GBX

On 10/13/2017, Deutsche Bank released a statement on BHP Billiton PLC (LON:BLT) upped the target price from 1,600.00GBX to 1,650.00GBX that suggested an upside of 0.21%.

See Chart Below

BHP Billiton PLC (LON:BLT)

BHP Billiton PLC has a 52 week low of 1,103.00GBX and a 52 week high of 1,518.50GBX with a P/E ratio of 12.59 The company’s market cap is currently 0 GBX.

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

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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