South32 Ltd (LON:S32)‘s stock had its “overweight” rating reaffirmed by analysts at Barclays PLC in a note issued to investors on Tuesday.
Other equities research analysts have also recently issued reports about the company. Jefferies Group upgraded South32 to a “buy” rating in a research note on Thursday, November 10th. BNP Paribas reiterated an “outperform” rating and set a GBX 130 ($1.62) target price on shares of South32 in a research note on Thursday, October 6th. Deutsche Bank AG reiterated a “hold” rating on shares of South32 in a research note on Tuesday, November 1st. Macquarie reiterated an “outperform” rating on shares of South32 in a research note on Saturday, October 29th. Finally, Goldman Sachs Group Inc. reiterated a “neutral” rating and set a GBX 155 ($1.94) target price on shares of South32 in a research note on Friday, November 4th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 119.30 ($1.49).
Shares of South32 (LON:S32) traded up 0.74% on Tuesday, hitting GBX 169.75. The company had a trading volume of 6,562,647 shares. The company has a 50 day moving average price of GBX 158.52 and a 200 day moving average price of GBX 118.17. South32 has a 1-year low of GBX 41.25 and a 1-year high of GBX 176.69. The firm’s market capitalization is GBX 9.03 billion.