Sasol Limited (NYSE:SSL) has been given an average recommendation of “Hold” by the eight research firms that are presently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell rating and six have issued a hold rating on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $7.50.
Several research firms have recently issued reports on SSL. Macquarie cut Sasol from an “outperform” rating to a “neutral” rating in a research report on Wednesday, May 22nd. Zacks Investment Research cut Sasol from a “hold” rating to a “strong sell” rating in a research report on Friday, June 28th. HSBC cut Sasol from a “buy” rating to a “hold” rating in a research report on Wednesday, May 22nd. ValuEngine cut Sasol from a “hold” rating to a “sell” rating in a research report on Tuesday, June 4th. Finally, Citigroup cut Sasol from a “buy” rating to a “neutral” rating in a research report on Thursday, May 23rd.
Shares of NYSE:SSL traded down $0.74 on Thursday, hitting $17.67. 389,600 shares of the company’s stock were exchanged, compared to its average volume of 209,784. The firm’s 50-day moving average is $22.35 and its 200 day moving average is $27.68. The company has a market capitalization of $11.50 billion, a PE ratio of 8.54, a P/E/G ratio of 1.46 and a beta of 0.98. Sasol has a 1-year low of $17.03 and a 1-year high of $39.73. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.96 and a current ratio of 1.57.
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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