Today, Barclays PLC Reaffirmed “Overweight” Rating for South32 Ltd (S32)

Today, Barclays PLC Reaffirmed “Overweight” Rating for South32 Ltd (S32)
South32 Ltd (LON:S32)‘s stock had its “overweight” rating reissued by stock analysts at Barclays PLC in a research note issued on Tuesday.

S32 has been the topic of several other reports. Jefferies Group reissued a “hold” rating and set a GBX 110 ($1.37) target price on shares of South32 in a research note on Tuesday, August 30th. Macquarie reissued an “underperform” rating and set a GBX 90 ($1.12) target price on shares of South32 in a research note on Monday, September 5th. Deutsche Bank AG reaffirmed a “buy” rating and issued a GBX 112 ($1.40) price target on shares of South32 in a research note on Thursday, August 25th. Finally, BNP Paribas reaffirmed an “outperform” rating and issued a GBX 120 ($1.50) price target on shares of South32 in a research note on Tuesday, August 23rd. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 119.30 ($1.49).

South32 (LON:S32) opened at 169.75 on Tuesday. The stock’s market cap is GBX 9.03 billion. South32 has a 12 month low of GBX 41.25 and a 12 month high of GBX 176.69. The firm’s 50 day moving average price is GBX 158.52 and its 200 day moving average price is GBX 118.17.

South32 Company Profile

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