Shares of South32 Ltd (LON:S32) have earned an average recommendation of “Hold” from the ten research firms that are presently covering the stock. Two analysts have rated the stock with a sell recommendation, four have given a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is GBX 110.89 ($1.45).
S32 has been the subject of several research reports. Goldman Sachs Group Inc. reissued a “conviction-buy” rating on shares of South32 in a research report on Monday, July 11th. BNP Paribas reissued an “outperform” rating and issued a GBX 120 ($1.57) price objective on shares of South32 in a research report on Monday, August 15th. Jefferies Group boosted their price objective on shares of South32 from GBX 70 ($0.91) to GBX 80 ($1.04) and gave the company a “hold” rating in a research report on Thursday, July 7th. Barclays PLC raised shares of South32 to an “overweight” rating and boosted their price objective for the company from GBX 85 ($1.11) to GBX 160 ($2.09) in a research report on Wednesday, September 21st. Finally, Deutsche Bank AG reissued a “hold” rating and issued a GBX 109 ($1.42) price objective on shares of South32 in a research report on Monday, September 5th.
Shares of South32 (LON:S32) opened at 152.00 on Wednesday. The stock’s market cap is GBX 8.09 billion. The stock’s 50 day moving average is GBX 128.96 and its 200-day moving average is GBX 99.98. South32 has a 12-month low of GBX 41.25 and a 12-month high of GBX 170.25.
South32 Company Profile
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