Brokerages Set Sasol Limited (SSL) Target Price at $7.50
Sasol Limited (NYSE:SSL) has received a consensus recommendation of “Hold” from the nine ratings firms that are currently covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company. The average 12-month price target among analysts that have covered the stock in the last year is $7.50.
A number of equities research analysts have recently issued reports on the company. Zacks Investment Research upgraded Sasol from a “sell” rating to a “hold” rating in a research report on Friday, October 5th. TD Securities restated an “average” rating and issued a $7.50 price target on shares of Sasol in a research report on Thursday, November 15th.
Shares of Sasol stock traded up $0.24 during mid-day trading on Friday, reaching $29.94. 6,745 shares of the stock traded hands, compared to its average volume of 233,385. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.36 and a quick ratio of 0.87. The stock has a market capitalization of $18.86 billion, a P/E ratio of 14.35, a PEG ratio of 1.11 and a beta of 1.03. Sasol has a fifty-two week low of $28.31 and a fifty-two week high of $39.73.
Sasol Company Profile
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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