[Ferro-alloys.com] BHP Billiton‘s stock had its “outperform” rating restated by equities research analysts at Sanford C. Bernstein in a research note issued to investors on Monday, Analyst Ratings Network.com reports. They currently have a GBX 2,500 ($37.83) target price on the stock. Sanford C. Bernstein’s target price points to a potential upside of 30.01% from the stock’ s previous close.
BHP Billiton (LON: BLT) opened at 1923.00 on Monday. BHP Billiton has a 1-year low of GBX 1622.16 and a 1-year high of GBX 2237.50. The stock’s 50-day moving average is currently GBX 1926.. The company’s market cap is £102.3 billion.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of BHP Billiton in a research note to investors on Thursday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of BHP Billiton in a research note to investors on Thursday. They now have a GBX 2,250 ($34.04) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of BHP Billiton in a research note to investors on Friday, May 17th.
One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and fifteen have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 2,189.60 ($33.13).
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