South32 Ltd (S32) Price Target Increased to GBX 148 by Analysts at Deutsche Bank AG
South32 Ltd (LON:S32) had its price objective lifted by Deutsche Bank AG from GBX 122 ($1.52) to GBX 148 ($1.85) in a report published on Wednesday morning. Deutsche Bank AG currently has a hold rating on the stock.
Other research analysts have also issued research reports about the company. Jefferies Group upgraded South32 to a buy rating in a research report on Thursday, November 10th. Barclays PLC reiterated an equal weight rating and set a GBX 85 ($1.06) price target on shares of South32 in a research report on Thursday, July 21st. Goldman Sachs Group Inc. reiterated a neutral rating and set a GBX 155 ($1.94) price target on shares of South32 in a research report on Friday, November 4th. BNP Paribas reiterated an outperform rating and set a GBX 120 ($1.50) price target on shares of South32 in a research report on Monday, August 15th. Finally, Macquarie upgraded South32 to an outperform rating and set a GBX 150 ($1.87) price target for the company in a research report on Tuesday, September 20th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and an average price target of GBX 119.30 ($1.49).
Shares of South32 (LON:S32) traded up 0.81% on Wednesday, hitting GBX 156.25. The stock had a trading volume of 2,348,387 shares. South32 has a 12-month low of GBX 41.25 and a 12-month high of GBX 176.69. The firm’s market cap is GBX 1607.49 billion. The company’s 50-day moving average price is GBX 155.93 and its 200 day moving average price is GBX 115.14.
South32 Company Profile
Receive News & Stock 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 stocks with our FREE daily email newsletter.