Sasol (NYSE:SSL) had its target price boosted by TD Securities from $10.00 to $11.50 in a research note issued to investors on Tuesday, Stock Target Advisor reports. The firm currently has a buy rating on the oil and gas company’s stock.

Several other equities analysts also recently weighed in on the company. ValuEngine upgraded Sasol from a sell rating to a hold rating in a research report on Wednesday, September 4th. UBS Group downgraded Sasol from a buy rating to a neutral rating in a research report on Tuesday, September 3rd. Zacks Investment Research lowered Sasol from a buy rating to a hold rating in a research note on Wednesday, October 30th. CIBC upgraded Sasol from a neutral rating to an outperform rating and upped their price target for the stock from $10.00 to $11.25 in a research note on Thursday, October 31st. Finally, Citigroup upgraded Sasol from a neutral rating to a buy rating in a research note on Monday, September 16th. Seven analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $14.92.

NYSE SSL opened at $19.91 on Tuesday. The business’s 50-day moving average price is $18.48 and its 200 day moving average price is $22.64. Sasol has a twelve month low of $16.48 and a twelve month high of $34.03. The company has a current ratio of 1.59, a quick ratio of 0.99 and a debt-to-equity ratio of 0.60.

Large investors have recently made changes to their positions in the business. Lindbrook Capital LLC increased its stake in Sasol by 1,145.1% during the third quarter. Lindbrook Capital LLC now owns 2,042 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 1,878 shares during the last quarter. TRUE Private Wealth Advisors acquired a new stake in Sasol during the second quarter worth about $80,000. Signaturefd LLC increased its stake in Sasol by 201.1% during the third quarter. Signaturefd LLC now owns 3,673 shares of the oil and gas company’s stock worth $62,000 after acquiring an additional 2,453 shares during the last quarter. Tower Research Capital LLC TRC increased its stake in Sasol by 750.7% during the second quarter. Tower Research Capital LLC TRC now owns 3,973 shares of the oil and gas company’s stock worth $99,000 after acquiring an additional 3,506 shares during the last quarter. Finally, Quantamental Technologies LLC increased its stake in Sasol by 214.7% during the second quarter. Quantamental Technologies LLC now owns 4,721 shares of the oil and gas company’s stock worth $117,000 after acquiring an additional 3,221 shares during the last quarter. Institutional investors own 2.19% of the company’s stock.

About Sasol

Sasol Limited operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Exploration and Production International, Energy, Base Chemicals, and Performance Chemicals segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Australia, Canada, Gabon, and Australia.

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Analyst Recommendations for Sasol (NYSE:SSL)

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