Other equities research analysts also recently issued reports about the stock. Deutsche Bank boosted their price target on shares of South32 from GBX 170 ($2.31) to GBX 180 ($2.44) and gave the stock a sell rating in a research note on Monday, January 15th. Citigroup boosted their price objective on shares of South32 from GBX 190 ($2.58) to GBX 200 ($2.71) and gave the company a neutral rating in a report on Friday, November 17th. Liberum Capital restated a sell rating and set a GBX 150 ($2.03) price objective on shares of South32 in a report on Friday, November 10th. Macquarie restated a neutral rating and set a GBX 200 ($2.71) price objective on shares of South32 in a report on Friday, October 20th. Finally, Credit Suisse Group restated an outperform rating and set a GBX 180 ($2.44) price objective on shares of South32 in a report on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 193.20 ($2.62).
South32 (LON:S32) traded up GBX 3.20 ($0.04) on Thursday, hitting GBX 221.60 ($3.01). South32 has a 12 month low of GBX 143.25 ($1.94) and a 12 month high of GBX 236 ($3.20).
South32 Limited is a metals and mining company. The Company’s segments include Worsley Alumina, which includes an integrated bauxite mine and alumina refinery in Western Australia; South Africa Aluminium, which includes an aluminum smelter in Richards Bay; Brazil Alumina, which includes an alumina refinery in Brazil; Mozal Aluminium, including an aluminum smelter in Mozambique; South Africa Energy Coal, including open-cut and underground energy coal mines and processing operations in South Africa; Illawarra Metallurgical Coal, which includes underground metallurgical coal mines in New South Wales; Australia Manganese, which produces manganese ore in the Northern Territory and manganese alloys in Tasmania; South Africa Manganese, which produces manganese ore and alloy in South Africa; Cerro Matoso, including an integrated laterite ferronickel mining and smelting complex in Colombia, and Cannington, including silver, lead and zinc mine in Queensland.
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