South32 Ltd (LON:S32)‘s stock had its “hold” rating restated by equities researchers at Jefferies Group LLC in a research note issued to investors on Thursday. They currently have a GBX 200 ($2.66) price objective on the stock. Jefferies Group LLC’s target price indicates a potential upside of 7.24% from the stock’s current price.

Several other equities analysts also recently weighed in on S32. Deutsche Bank AG raised their target price on shares of South32 from GBX 150 ($1.99) to GBX 160 ($2.13) and gave the company a “hold” rating in a report on Thursday, June 22nd. Credit Suisse Group restated an “outperform” rating and set a GBX 180 ($2.39) target price on shares of South32 in a report on Tuesday, June 27th. Macquarie restated an “outperform” rating and set a GBX 200 ($2.66) target price on shares of South32 in a report on Monday, July 3rd. Barclays PLC restated an “overweight” rating and set a GBX 210 ($2.79) target price on shares of South32 in a report on Friday, July 14th. Finally, HSBC Holdings plc downgraded shares of South32 to a “hold” rating and dropped their target price for the company from GBX 190 ($2.52) to GBX 175 ($2.33) in a report on Friday, July 14th. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. South32 presently has an average rating of “Hold” and a consensus target price of GBX 175.64 ($2.33).

Shares of South32 (LON:S32) opened at 186.50 on Thursday. South32 has a 52 week low of GBX 143.25 and a 52 week high of GBX 201.25. The company’s 50-day moving average is GBX 189.99 and its 200 day moving average is GBX 172.21. The stock’s market cap is GBX 9.71 billion.

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About South32

Analyst Recommendations for South32 (LON:S32)

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