London: South32 Limited (LON:S32) Stock Has Just Had Its Sell Rating Reiterated by Liberum Capital. Shares now Have a GBX 185.00 Target

May 18, 2018 - By Christine McCrea

South32 Limited (LON:S32) Logo

South32 Limited (LON:S32) Rating Reaffirmed

In a note issued to clients on Friday, 18 May, The Sell rating of South32 Limited (LON:S32) shares was reaffirmed by Liberum Capital, who now has a GBX 185.00 target on the stock. Liberum Capital’s target would suggest a possible downside of -9.76 % from the last stock close price of the company.

South32 Limited (LON:S32) Ratings Coverage

Among 7 analysts covering South32 Limited (LON:S32), 2 have Buy rating, 1 Sell and 4 Hold. Therefore 29% are positive. South32 Limited has GBX 265 highest and GBX 90 lowest target. GBX 192.50’s average target is -13.91% below currents GBX 223.6 stock price. South32 Limited had 16 analyst reports since November 27, 2017 according to SRatingsIntel. The stock of South32 Limited (LON:S32) has “Buy” rating given on Wednesday, April 18 by HSBC. The stock has “Overweight” rating by Barclays Capital on Thursday, January 18. The stock of South32 Limited (LON:S32) earned “Hold” rating by Deutsche Bank on Friday, April 20. Credit Suisse upgraded the shares of S32 in report on Monday, March 19 to “Neutral” rating. The rating was maintained by Deutsche Bank with “Sell” on Thursday, January 18. The firm has “Overweight” rating given on Monday, January 8 by Barclays Capital. The stock has “Sell” rating by Deutsche Bank on Thursday, December 7. The rating was maintained by Liberum Capital with “Sell” on Thursday, February 15. The firm earned “Sell” rating on Monday, November 27 by Liberum Capital. The rating was upgraded by Citigroup to “Neutral” on Thursday, April 5.

The stock increased 2.57% or GBX 5.6 during the last trading session, reaching GBX 223.6. About 4.58 million shares traded. South32 Limited (LON:S32) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

South32 Limited operates as a diversified metals and mining firm primarily in Australia, Southern Africa, and South America. The company has market cap of 11.46 billion GBP. The firm has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. It has a 10.3 P/E ratio. It also exports its products.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.




Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: