South32 Ltd (S32) Rating Reiterated by Macquarie
South32 Ltd (LON:S32)‘s stock had its “outperform” rating restated by analysts at Macquarie in a report released on Wednesday.
Other research analysts have also recently issued reports about the stock. Deutsche Bank AG reissued a “buy” rating and set a GBX 112 ($1.42) price target on shares of South32 in a report on Thursday, August 25th. Jefferies Group upgraded shares of South32 to a “buy” rating in a research report on Thursday, November 10th. Finally, Barclays PLC restated an “equal weight” rating and set a GBX 85 ($1.08) target price on shares of South32 in a research report on Thursday, August 25th. Two analysts have rated the stock with a sell rating, five have given a hold rating and three have given a buy rating to the stock. South32 has a consensus rating of “Hold” and a consensus target price of GBX 124.40 ($1.58).
South32 (LON:S32) traded up 4.2489% during mid-day trading on Wednesday, hitting GBX 171.3864. 4,331,622 shares of the stock traded hands. South32 has a 12 month low of GBX 41.25 and a 12 month high of GBX 176.69. The stock’s 50 day moving average is GBX 161.72 and its 200-day moving average is GBX 122.53. The company’s market cap is GBX 1763.22 billion.
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