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BHP Billiton plc 13.4% Potential Upside Indicated by Macquarie

BHP Billiton plc using EPIC/TICKER code (LON:BLT) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Macquarie. BHP Billiton plc are listed in the Basic Materials sector within UK Main Market. Macquarie have set a target price of 1600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 13.4% from today’s opening price of 1411 GBX. Over the last 30 and 90 trading days the company share price has increased 59 points and increased 113 points respectively. The 52 week high for the share price is currently at 1518.5 GBX while the 52 week low is 1103 GBX.

BHP Billiton plc has a 50 day moving average of 1,397.56 GBX and the 200 Day Moving Average price is recorded at 1,323.14. There are currently 5,761,056,928 shares in issue with the average daily volume traded being 6,938,398. Market capitalisation for LON:BLT is £81,000,460,408 GBP.

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