South32 Ltd (LON:S32) has been given a consensus recommendation of “Hold” by the ten research firms that are covering the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 110.89 ($1.45).
S32 has been the subject of a number of recent analyst reports. Goldman Sachs Group Inc. reiterated a “conviction-buy” rating on shares of South32 in a research note on Monday, July 11th. BNP Paribas reiterated an “outperform” rating and issued a GBX 120 ($1.57) price target on shares of South32 in a research note on Monday, August 15th. Jefferies Group increased their price target on shares of South32 from GBX 70 ($0.91) to GBX 80 ($1.04) and gave the company a “hold” rating in a research note on Thursday, July 7th. Barclays PLC upgraded shares of South32 to an “overweight” rating and increased their price target for the company from GBX 85 ($1.11) to GBX 160 ($2.09) in a research note on Wednesday, September 21st. Finally, Deutsche Bank AG restated a “hold” rating and set a GBX 109 ($1.42) target price on shares of South32 in a research note on Monday, September 5th.
Shares of South32 (LON:S32) opened at 148.00 on Wednesday. South32 has a 1-year low of GBX 41.25 and a 1-year high of GBX 170.25. The company has a 50-day moving average of GBX 128.96 and a 200-day moving average of GBX 99.98. The company’s market cap is GBX 7.88 billion.
South32 Company Profile
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