South32 Ltd (S32) PT Raised to GBX 140 at Jefferies Group
South32 Ltd (LON:S32) had its target price raised by Jefferies Group from GBX 130 ($1.61) to GBX 140 ($1.73) in a research note issued to investors on Friday. The firm presently has a “hold” rating on the stock. Jefferies Group’s target price would suggest a potential downside of 6.35% from the company’s current price.
Several other research firms have also commented on S32. BNP Paribas reaffirmed an “outperform” rating and set a GBX 120 ($1.49) target price on shares of South32 in a report on Tuesday, August 23rd. Deutsche Bank AG reiterated a “hold” rating on shares of South32 in a research report on Tuesday, July 12th. Macquarie reiterated an “underperform” rating and set a GBX 80 ($0.99) price target on shares of South32 in a research report on Monday, August 22nd. Citigroup Inc. reiterated a “sell” rating and set a GBX 100 ($1.24) price target on shares of South32 in a research report on Friday, August 26th. Finally, Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 90 ($1.11) price target on shares of South32 in a research report on Monday, July 18th. Two analysts have rated the stock with a sell rating, four have issued a hold rating, three have given a buy rating and one has given a strong buy rating to the company. South32 presently has an average rating of “Hold” and a consensus price target of GBX 112 ($1.39).
South32 (LON:S32) opened at 154.50 on Friday. South32 has a 52-week low of GBX 41.25 and a 52-week high of GBX 170.25. The stock’s 50 day moving average price is GBX 132.54 and its 200 day moving average price is GBX 101.94. The company’s market cap is GBX 8.22 billion.
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South32 Company Profile
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