Brokerages Set South32 Ltd (LON:S32) Target Price at $110.89
South32 Ltd (LON:S32) has received a consensus rating of “Hold” from the ten ratings firms that are covering the company. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 110.89 ($1.45).
Several analysts have weighed in on the stock. BNP Paribas reissued an “outperform” rating and issued a GBX 130 ($1.70) price target on shares of South32 in a research note on Thursday. Credit Suisse Group AG reissued a “neutral” rating and issued a GBX 90 ($1.17) price target on shares of South32 in a research note on Monday, July 18th. Barclays PLC reissued an “equal weight” rating and issued a GBX 85 ($1.11) price target on shares of South32 in a research note on Thursday, August 25th. Deutsche Bank AG boosted their price target on shares of South32 from GBX 100 ($1.31) to GBX 102 ($1.33) and gave the stock a “hold” rating in a research note on Friday, July 22nd. Finally, Macquarie reissued an “underperform” rating and issued a GBX 90 ($1.17) price target on shares of South32 in a research note on Tuesday, August 30th.
South32 (LON:S32) opened at 152.00 on Wednesday. The company’s market cap is GBX 8.09 billion. South32 has a 52-week low of GBX 41.25 and a 52-week high of GBX 170.25. The stock’s 50 day moving average is GBX 128.96 and its 200-day moving average is GBX 99.98.
South32 Company Profile
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