Published On: Wed, Oct 19th, 2016

Bhp Billiton reiterated as Hold By Canaccord Genuity


In an analyst rating update on Wednesday shares of Bhp Billiton (LON:BLT) had their rating reiterated by analysts at Canaccord Genuity.

The broker said it has now set a ‘Hold’ rating on shares of Bhp Billiton with a price target of 1040. The price target according to the broker shows a possible decrease of -14.61% from the current stock price of 1218.

LON:BLT


Over the last twelve months Bhp Billiton’s share price has increased from 1069.81 to 1218, changing by 13.85%.

The companies 50 day moving average is 1095.13 and its 200 day moving average is 954.68. The 52 week high Bhp Billiton’s shares have peaked at is 1279.5 whilst the 52 week low for the company’s shares is 571.6.

Bhp Billiton has 5,322,442,000 shares which are currently outstanding with a price of 1218 calculating Bhp Billiton’s market capitalisation to 64.83B GBp .


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