Advertisement
UK markets close in 1 hour 53 minutes
  • FTSE 100

    8,323.31
    +109.82 (+1.34%)
     
  • FTSE 250

    20,398.13
    +233.59 (+1.16%)
     
  • AIM

    777.11
    +5.58 (+0.72%)
     
  • GBP/EUR

    1.1650
    -0.0010 (-0.09%)
     
  • GBP/USD

    1.2562
    -0.0002 (-0.02%)
     
  • Bitcoin GBP

    50,637.47
    -13.82 (-0.03%)
     
  • CMC Crypto 200

    1,320.11
    -45.01 (-3.30%)
     
  • S&P 500

    5,189.39
    +8.65 (+0.17%)
     
  • DOW

    38,896.95
    +44.68 (+0.12%)
     
  • CRUDE OIL

    78.23
    -0.25 (-0.32%)
     
  • GOLD FUTURES

    2,328.10
    -3.10 (-0.13%)
     
  • NIKKEI 225

    38,835.10
    +599.03 (+1.57%)
     
  • HANG SENG

    18,479.37
    -98.93 (-0.53%)
     
  • DAX

    18,365.38
    +190.17 (+1.05%)
     
  • CAC 40

    8,052.87
    +56.23 (+0.70%)
     

Why Barclays Prefers BHP Billiton over Rio Tinto

Why Barclays Prefers BHP Billiton over Rio Tinto

Of the 17 analysts covering BHP Billiton (BHP), 53% recommend “buy,” 41% recommend “hold,” and 6% recommend “sell.” Their consensus target price for BHP is $33.20, which implies a 1% downside based on its current market price. Unlike BHP, peers (XME) Vale (VALE), Cleveland-Cliffs (CLF), and Freeport-McMoran (FCX) have an upside potential based on their target prices.