Today, South32’s (S32) “Outperform” Rating Reaffirmed at Macquarie

Today, South32’s (S32) “Outperform” Rating Reaffirmed at Macquarie

Macquarie reissued their outperform rating on shares of South32 Ltd (LON:S32) in a report issued on Monday. They currently have a GBX 150 ($1.83) price objective on the stock.

Several other analysts have also recently commented on the stock. Goldman Sachs Group Inc. reissued a conviction-buy rating on shares of South32 in a research note on Monday, July 11th. BNP Paribas reissued an outperform rating and set a GBX 120 ($1.46) 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 ($0.85) to GBX 80 ($0.98) and gave the company a hold rating in a research note on Thursday, July 7th. Barclays PLC raised shares of South32 to an overweight rating and increased their price target for the company from GBX 85 ($1.04) to GBX 160 ($1.95) in a research note on Wednesday, September 21st. Finally, Deutsche Bank AG reissued a hold rating and set a GBX 109 ($1.33) price target on shares of South32 in a research note on Monday, September 5th. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of Hold and an average price target of GBX 112 ($1.37).

South32 (LON:S32) opened at 159.00 on Monday. South32 has a 12-month low of GBX 41.25 and a 12-month high of GBX 170.25. The stock’s 50 day moving average is GBX 135.22 and its 200 day moving average is GBX 103.17. The stock’s market capitalization is GBX 8.46 billion.

Related posts

Leave a Comment