South32 Ltd (S32) Given “Sell” Rating at Liberum Capital
South32 Ltd (LON:S32)‘s stock had its “sell” rating reissued by equities researchers at Liberum Capital in a report released on Thursday. They currently have a GBX 90 ($1.17) price target on the stock. Liberum Capital’s target price suggests a potential downside of 49.37% from the company’s current price.
Several other research analysts also recently issued reports on S32. Deutsche Bank AG reissued a “hold” rating and set a GBX 160 ($2.08) price objective on shares of South32 in a research report on Monday, August 21st. HSBC Holdings plc downgraded shares of South32 to a “hold” rating and lowered their price objective for the stock from GBX 190 ($2.47) to GBX 175 ($2.27) in a research report on Friday, July 14th. Barclays PLC reissued an “overweight” rating on shares of South32 in a research report on Friday, July 21st. Citigroup Inc. reissued a “buy” rating and set a GBX 190 ($2.47) price objective on shares of South32 in a research report on Wednesday, May 3rd. Finally, Jefferies Group LLC downgraded shares of South32 to a “hold” rating and lowered their price objective for the stock from GBX 225 ($2.92) to GBX 170 ($2.21) in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, six have given a hold rating and four have given a buy rating to the company’s stock. South32 has a consensus rating of “Hold” and a consensus price target of GBX 172.55 ($2.24).
South32 (LON:S32) traded down 1.25% during trading on Thursday, hitting GBX 177.75. The stock had a trading volume of 3,846,942 shares. South32 has a 12 month low of GBX 107.50 and a 12 month high of GBX 188.50. The stock’s market cap is GBX 1.64 billion. The firm has a 50 day moving average of GBX 175.64 and a 200-day moving average of GBX 165.09.
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South32 Company Profile
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