South32 Ltd (S32) Receives “Sell” Rating from Liberum Capital

Liberum Capital reissued their sell rating on shares of South32 Ltd (LON:S32) in a research note released on Wednesday, May 10th. They currently have a GBX 90 ($1.16) target price on the stock.

S32 has been the subject of several other reports. Macquarie restated an outperform rating on shares of South32 in a research report on Wednesday, January 18th. Deutsche Bank AG dropped their price target on shares of South32 from GBX 152 ($1.96) to GBX 150 ($1.94) and set a hold rating for the company in a research report on Friday, January 20th. Jefferies Group LLC dropped their price target on shares of South32 from GBX 225 ($2.90) to GBX 215 ($2.78) and set a buy rating for the company in a research report on Wednesday, February 22nd. HSBC Holdings plc upgraded shares of South32 to a buy rating and set a GBX 185 ($2.39) price target for the company in a research report on Wednesday, March 1st. Finally, Barclays PLC reiterated an overweight rating and issued a GBX 200 ($2.58) price target on shares of South32 in a research report on Thursday, January 26th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the stock. South32 currently has a consensus rating of Hold and a consensus price target of GBX 175.20 ($2.26).

South32 (LON:S32) opened at 152.00 on Wednesday. The company’s 50-day moving average price is GBX 163.89 and its 200 day moving average price is GBX 164.25. South32 has a 52 week low of GBX 72.75 and a 52 week high of GBX 184.00. The company’s market capitalization is GBX 8.08 billion.

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