BHP Billiton plc (BLT) Shares Down 1.8%

Shares of BHP Billiton plc (LON:BLT) traded down 1.8% on Wednesday . The company traded as low as GBX 1,388.75 ($18.45) and last traded at GBX 1,390 ($18.47). 6,463,910 shares traded hands during trading, a decline of 23% from the average session volume of 8,437,870 shares. The stock had previously closed at GBX 1,415 ($18.80).

A number of analysts recently weighed in on the stock. Liberum Capital reiterated a “sell” rating and set a GBX 800 ($10.63) price target on shares of BHP Billiton plc in a research note on Wednesday, July 19th. UBS AG set a GBX 1,375 ($18.27) price target on shares of BHP Billiton plc and gave the stock a “buy” rating in a research note on Thursday, July 6th. Macquarie set a GBX 1,460 ($19.40) price target on shares of BHP Billiton plc and gave the stock a “buy” rating in a research note on Wednesday, June 21st. Independent Research GmbH set a GBX 1,350 ($17.94) price target on shares of BHP Billiton plc and gave the stock a “neutral” rating in a research note on Thursday, July 20th. Finally, HSBC Holdings plc reiterated a “hold” rating and set a GBX 1,320 ($17.54) price target on shares of BHP Billiton plc in a research note on Friday, August 18th. Six equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and five have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus target price of GBX 1,326.36 ($17.62).

The firm’s market capitalization is GBX 74.00 billion. The firm’s 50-day moving average is GBX 1,388.15 and its 200-day moving average is GBX 1,286.59.

The firm also recently declared a dividend, which was paid on Tuesday, September 26th. Shareholders of record on Thursday, September 7th were issued a $0.43 dividend. This represents a yield of 2.37%. This is an increase from BHP Billiton plc’s previous dividend of $0.40. The ex-dividend date was Thursday, September 7th.

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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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