Sasol (NYSE:SSL) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday.
A number of other equities analysts have also commented on the company. Citigroup raised Sasol from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 28th. Zacks Investment Research downgraded Sasol from a “buy” rating to a “hold” rating in a research report on Thursday, November 23rd. Finally, JPMorgan Chase & Co. raised Sasol from a “neutral” rating to an “overweight” rating in a report on Tuesday, February 13th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Sasol has a consensus rating of “Buy” and an average target price of $34.00.
Sasol (SSL) traded up $0.75 during trading on Wednesday, hitting $35.34. The stock had a trading volume of 304,664 shares, compared to its average volume of 287,359. The company has a debt-to-equity ratio of 0.36, a quick ratio of 1.03 and a current ratio of 1.56. Sasol has a twelve month low of $26.92 and a twelve month high of $38.75.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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