Macquarie downgraded shares of Sasol (NYSE:SSL) from an outperform rating to a neutral rating in a research note published on Friday morning, Marketbeat.com reports.
Other equities research analysts have also recently issued research reports about the stock. TD Securities reaffirmed an average rating and set a $7.50 price objective on shares of Sasol in a research note on Thursday, November 15th. Zacks Investment Research raised shares of Sasol from a sell rating to a buy rating and set a $34.00 price objective on the stock in a research note on Tuesday, January 29th. One analyst has rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. Sasol currently has a consensus rating of Hold and a consensus price target of $20.75.
Shares of NYSE SSL opened at $28.79 on Friday. The company has a market cap of $18.75 billion, a PE ratio of 13.91, a PEG ratio of 1.25 and a beta of 0.84. Sasol has a 12 month low of $27.40 and a 12 month high of $39.73. The company has a debt-to-equity ratio of 0.42, a quick ratio of 0.87 and a current ratio of 1.36.
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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