South32 (S32) Upgraded at Citigroup
South32 (LON:S32) was upgraded by stock analysts at Citigroup to a “buy” rating in a research report issued on Tuesday. The firm currently has a GBX 210 ($2.83) price target on the stock. Citigroup’s price target would suggest a potential upside of 16.58% from the stock’s previous close.
S32 has been the topic of several other reports. Barclays reissued an “overweight” rating on shares of South32 in a report on Tuesday, October 24th. Deutsche Bank reissued a “hold” rating and set a GBX 170 ($2.29) price target on shares of South32 in a report on Friday, October 20th. Jefferies Group reissued a “hold” rating and set a GBX 200 ($2.69) price target on shares of South32 in a report on Thursday, October 19th. Credit Suisse Group reissued an “outperform” rating and set a GBX 180 ($2.42) price target on shares of South32 in a report on Wednesday, November 15th. Finally, Macquarie reissued a “neutral” rating and set a GBX 190 ($2.56) price target on shares of South32 in a report on Tuesday, October 10th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the company. South32 currently has a consensus rating of “Hold” and a consensus price target of GBX 185.70 ($2.50).
South32 (LON:S32) traded up GBX 1.13 ($0.02) during midday trading on Tuesday, hitting GBX 180.13 ($2.42). The stock had a trading volume of 3,304,007 shares, compared to its average volume of 3,530,000. South32 has a 12-month low of GBX 143.25 ($1.93) and a 12-month high of GBX 212.50 ($2.86).
Receive News & Ratings for South32 Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 Ltd and related companies with MarketBeat.com's FREE daily email newsletter.