Jefferies Group Raises South32 Ltd (S32) Price Target to GBX 140
South32 Ltd (LON:S32) had its target price boosted by Jefferies Group from GBX 130 ($1.58) to GBX 140 ($1.71) in a research note published on Friday morning. They currently have a hold rating on the stock.
A number of other equities analysts have also weighed in on the stock. Goldman Sachs Group Inc. restated a conviction-buy rating on shares of South32 in a research report on Monday, July 11th. BNP Paribas restated an outperform rating and set a GBX 120 ($1.46) target price on shares of South32 in a research report on Monday, August 15th. Barclays PLC upgraded shares of South32 to an overweight rating and upped their target price for the stock from GBX 85 ($1.04) to GBX 160 ($1.95) in a research report on Wednesday, September 21st. Deutsche Bank AG restated a hold rating and set a GBX 109 ($1.33) target price on shares of South32 in a research report on Monday, September 5th. Finally, Macquarie restated an underperform rating and set a GBX 80 ($0.98) target price on shares of South32 in a research report on Monday, August 22nd. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 112 ($1.37).
South32 (LON:S32) opened at 162.25 on Friday. South32 has a 52-week low of GBX 41.25 and a 52-week high of GBX 170.25. The stock’s market cap is GBX 8.63 billion. The firm has a 50 day moving average of GBX 135.80 and a 200-day moving average of GBX 103.71.
South32 Company Profile
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