Sasol Ltd. (NYSE:SSL) traded down 2.2% during mid-day trading on Thursday . The company traded as low as $25.83 and last traded at $25.92, with a volume of 179,405 shares. The stock had previously closed at $26.49.

A number of equities research analysts have issued reports on the stock. Zacks Investment Research downgraded shares of Sasol from a “buy” rating to a “hold” rating in a research report on Thursday, May 12th. Bank of America Corp. downgraded shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Friday, March 11th. Finally, Morgan Stanley downgraded shares of Sasol from an “overweight” rating to an “equal weight” rating in a research report on Tuesday, April 5th. Three research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $35.00.

The firm’s 50-day moving average price is $28.22 and its 200-day moving average price is $28.17. The firm has a market cap of $73.50 million and a price-to-earnings ratio of 13.50.

Other large investors have bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Sasol by 10.5% in the fourth quarter. Dimensional Fund Advisors LP now owns 5,635,295 shares of the company’s stock worth $151,129,000 after buying an additional 533,466 shares during the period. WBI Investments Inc. purchased a new position in shares of Sasol during the fourth quarter worth about $5,639,000. Sei Investments Co. boosted its position in shares of Sasol by 14.1% in the fourth quarter. Sei Investments Co. now owns 148,217 shares of the company’s stock worth $3,975,000 after buying an additional 18,360 shares in the last quarter. Finally, Oxford Asset Management boosted its position in shares of Sasol by 17.0% in the fourth quarter. Oxford Asset Management now owns 65,387 shares of the company’s stock worth $1,746,000 after buying an additional 9,478 shares in the last quarter.

Sasol Limited (Sasol) is a holding company. The Company is an integrated energy and chemicals company that develops and commercializes technologies, builds and operates facilities to produce a range of product streams, including liquid fuels, high-value chemicals and low-carbon electricity. The Company operates through six segments: Mining, Exploration and Production International, Energy, Base Chemicals, Performance Chemicals and Other.

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