South32 Ltd (S32) Receives Average Recommendation of “Hold” from Brokerages
Shares of South32 Ltd (LON:S32) have received a consensus recommendation of “Hold” from the ten research firms that are currently covering the firm, Marketbeat.com reports. Two 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. The average 12-month price target among brokers that have issued ratings on the stock in the last year is GBX 192.20 ($2.61).
A number of research analysts have issued reports on S32 shares. Citigroup upgraded shares of South32 to a “buy” rating and set a GBX 210 ($2.85) price target on the stock in a research note on Tuesday, December 5th. Jefferies Group restated a “hold” rating and set a GBX 200 ($2.71) price target on shares of South32 in a research note on Thursday, October 19th. Deutsche Bank restated a “hold” rating and set a GBX 170 ($2.31) price target on shares of South32 in a research note on Friday, October 20th. Macquarie restated a “neutral” rating and set a GBX 200 ($2.71) price target on shares of South32 in a research note on Friday, October 20th. Finally, Credit Suisse Group restated an “outperform” rating and set a GBX 180 ($2.44) price target on shares of South32 in a research note on Wednesday, November 15th.
Shares of South32 (LON:S32) traded down GBX 1.55 ($0.02) during trading on Tuesday, hitting GBX 224.65 ($3.05). 3,847,019 shares of the stock traded hands, compared to its average volume of 1,630,000. South32 has a 1-year low of GBX 143.25 ($1.94) and a 1-year high of GBX 236 ($3.20).
South32 Company Profile
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