A number of other equities analysts also recently issued reports on the company. Goldman Sachs Group Inc. reaffirmed a conviction-buy rating on shares of South32 in a research report on Monday, July 11th. Jefferies Group upped their price target on South32 from GBX 70 ($0.87) to GBX 80 ($0.99) and gave the stock a hold rating in a research report on Thursday, July 7th. Barclays PLC raised South32 to an overweight rating and upped their price target for the stock from GBX 85 ($1.05) to GBX 160 ($1.98) in a research report on Wednesday, September 21st. Deutsche Bank AG reaffirmed a hold rating and set a GBX 109 ($1.35) price target on shares of South32 in a research report on Monday, September 5th. Finally, Macquarie reaffirmed an underperform rating and set a GBX 80 ($0.99) price target on shares of South32 in a research report on Monday, August 22nd. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 110.89 ($1.37).
South32 (LON:S32) opened at 151.122269 on Thursday. South32 has a 12 month low of GBX 41.25 and a 12 month high of GBX 170.25. The stock has a 50 day moving average price of GBX 130.03 and a 200 day moving average price of GBX 100.72. The stock’s market capitalization is GBX 8.04 billion.
South32 Company Profile
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