South32 (S32) Stock Rating Reaffirmed by Deutsche Bank

Deutsche Bank reiterated their sell rating on shares of South32 (LON:S32) in a report released on Thursday, December 7th. They currently have a GBX 170 ($2.27) price objective on the stock.

Other analysts have also issued research reports about the company. Liberum Capital reissued a sell rating and set a GBX 150 ($2.01) price target on shares of South32 in a report on Friday, November 10th. Macquarie reissued a neutral rating and set a GBX 190 ($2.54) price target on shares of South32 in a report on Tuesday, October 10th. Jefferies Group restated a hold rating and issued a GBX 200 ($2.67) price objective on shares of South32 in a research report on Thursday, October 19th. Credit Suisse Group restated an outperform rating and issued a GBX 180 ($2.41) price objective on shares of South32 in a research report on Wednesday, November 15th. Finally, Citigroup boosted their price objective on South32 from GBX 190 ($2.54) to GBX 200 ($2.67) and gave the company a neutral rating in a research report on Friday, November 17th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 185.70 ($2.48).

South32 (S32) traded up GBX 1.25 ($0.02) during mid-day trading on Thursday, hitting GBX 202.75 ($2.71). The stock had a trading volume of 371,356 shares, compared to its average volume of 2,200,000. South32 has a 52-week low of GBX 143.25 ($1.92) and a 52-week high of GBX 212.50 ($2.84).

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South32 Company Profile

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