Goldman Sachs Group Inc set a GBX 1,400 ($17.29) price target on BHP Billiton plc (LON:BLT) in a research report released on Wednesday morning. The brokerage currently has a neutral rating on the mining company’s stock.

A number of other analysts have also commented on BLT. JPMorgan Chase & Co. decreased their target price on BHP Billiton plc from GBX 1,300 ($16.06) to GBX 1,265 ($15.62) and set an underweight rating for the company in a research report on Tuesday, March 7th. HSBC Holdings plc reaffirmed a hold rating and issued a GBX 1,200 ($14.82) target price on shares of BHP Billiton plc in a research report on Wednesday, December 7th. Macquarie reaffirmed an outperform rating and issued a GBX 1,740 ($21.49) target price on shares of BHP Billiton plc in a research report on Monday, March 6th. Morgan Stanley set a GBX 1,510 ($18.65) target price on BHP Billiton plc and gave the company a buy rating in a research report on Tuesday, March 14th. Finally, Jefferies Group LLC reaffirmed a buy rating and issued a GBX 1,800 ($22.23) target price on shares of BHP Billiton plc in a research report on Wednesday, January 25th. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 1,330.57 ($16.43).

Analyst Recommendations for BHP Billiton plc (LON:BLT)

Shares of BHP Billiton plc (LON:BLT) opened at 1336.50 on Wednesday. The stock has a 50 day moving average price of GBX 1,355.14 and a 200-day moving average price of GBX 1,277.61. The firm’s market capitalization is GBX 71.13 billion. BHP Billiton plc has a 52-week low of GBX 714.70 and a 52-week high of GBX 1,518.50.

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The firm also recently announced a dividend, which will be paid on Tuesday, March 28th. Stockholders of record on Thursday, March 9th will be paid a GBX 0.40 ($0.00) dividend. The ex-dividend date is Thursday, March 9th. This represents a dividend yield of 2.28%.

About BHP Billiton plc

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.

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