Sasol Ltd. (NYSE:SSL) Issues FY17 Earnings Guidance
Sasol Ltd. (NYSE:SSL) updated its FY17 earnings guidance on Tuesday. The company provided EPS guidance of ZAR32.71-36.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $33.60.
Several analysts have recently commented on the company. J P Morgan Chase & Co downgraded Sasol from an overweight rating to a neutral rating in a research note on Tuesday, July 18th. HSBC Holdings plc upgraded Sasol from a hold rating to a buy rating in a research note on Tuesday, March 28th. Finally, BidaskClub downgraded Sasol from a hold rating to a sell rating in a research note on Friday, June 16th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. Sasol presently has a consensus rating of Buy.
Shares of Sasol Ltd. (SSL) opened at 29.53 on Tuesday. Sasol Ltd. has a 52 week low of $24.85 and a 52 week high of $32.40. The firm has a market capitalization of $83.81 million, a P/E ratio of 16.14 and a beta of 0.88. The stock has a 50 day moving average price of $28.39 and a 200 day moving average price of $29.35.
Sasol Company Profile
Sasol Limited is an international integrated chemicals and energy company. The Company develops and commercializes technologies, and builds and operates facilities to produce a range of product streams, including liquid fuels, chemicals and low-carbon electricity. The Company’s operating business units include Mining and, Exploration and Production International.
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