Macquarie lowered shares of South32 Ltd (LON:S32) to a neutral rating in a report published on Wednesday. They currently have GBX 190 ($2.46) price objective on the stock.

Other analysts have also issued research reports about the company. Deutsche Bank AG reissued a hold rating and set a GBX 160 ($2.07) price objective on shares of South32 in a research note on Monday, August 21st. Citigroup Inc. lowered South32 to a neutral rating and increased their price objective for the company from GBX 170 ($2.20) to GBX 190 ($2.46) in a research note on Friday, August 25th. Jefferies Group LLC increased their price objective on South32 from GBX 170 ($2.20) to GBX 200 ($2.59) and gave the company a hold rating in a research note on Friday, August 25th. Liberum Capital reissued a sell rating and set a GBX 90 ($1.16) price objective on shares of South32 in a research note on Thursday, August 24th. Finally, Barclays PLC reissued an overweight rating on shares of South32 in a research note on Friday, July 21st. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company’s stock. South32 presently has an average rating of Hold and an average target price of GBX 175.64 ($2.27).

Shares of South32 (LON S32) opened at 181.00 on Wednesday. South32 has a 1-year low of GBX 107.50 and a 1-year high of GBX 188.50. The company’s market capitalization is GBX 9.58 billion. The company’s 50 day moving average is GBX 175.64 and its 200-day moving average is GBX 165.09.

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The firm also recently announced a dividend, which will be paid on Thursday, October 12th. Investors of record on Thursday, September 14th will be issued a dividend of $0.06 per share. This represents a dividend yield of 2.78%. The ex-dividend date of this dividend is Thursday, September 14th. This is an increase from South32’s previous dividend of $0.04.

South32 Company Profile

Analyst Recommendations for South32 (LON:S32)

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