South32 Ltd (S32) Receives Hold Rating from Deutsche Bank AG

Deutsche Bank AG reaffirmed their hold rating on shares of South32 Ltd (LON:S32) in a report published on Friday morning. The brokerage currently has a GBX 170 ($2.26) price objective on the stock.

A number of other brokerages have also recently issued reports on S32. Macquarie reiterated a neutral rating and set a GBX 190 ($2.52) target price on shares of South32 in a report on Tuesday, October 10th. Jefferies Group LLC restated a hold rating and issued a GBX 200 ($2.66) price target on shares of South32 in a report on Thursday. Citigroup Inc. cut South32 to a neutral rating and upped their price target for the stock from GBX 170 ($2.26) to GBX 190 ($2.52) in a report on Friday, August 25th. Liberum Capital restated a sell rating and issued a GBX 90 ($1.20) price target on shares of South32 in a report on Thursday, August 24th. Finally, Barclays PLC restated an overweight rating on shares of South32 in a report on Friday, July 21st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the stock. The company presently has an average rating of Hold and an average price target of GBX 175.64 ($2.33).

Shares of South32 (S32) traded down 0.80% during mid-day trading on Friday, hitting GBX 186.50. 2,825,168 shares of the stock traded hands. The stock has a 50 day moving average price of GBX 189.99 and a 200-day moving average price of GBX 172.21. The company’s market cap is GBX 9.71 billion. South32 has a one year low of GBX 143.25 and a one year high of GBX 201.25.

COPYRIGHT VIOLATION NOTICE: “South32 Ltd (S32) Receives Hold Rating from Deutsche Bank AG” was reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://sportsperspectives.com/2017/10/21/south32-ltd-s32-receives-hold-rating-from-deutsche-bank-ag.html.

The firm also recently announced a dividend, which was paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th were given a $0.06 dividend. This represents a dividend yield of 2.78%. This is a positive change from South32’s previous dividend of $0.04. The ex-dividend date of this dividend was Thursday, September 14th.

South32 Company Profile

Analyst Recommendations for South32 (LON:S32)

Receive News & Ratings for South32 Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 Ltd and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply