Shares of South32 Ltd (LON:S32) reached a new 52-week high on Friday . The stock traded as high as GBX 212.80 ($2.85) and last traded at GBX 211 ($2.82), with a volume of 685710 shares traded. The stock had previously closed at GBX 206.80 ($2.77).
Several research firms have recently weighed in on S32. Deutsche Bank reiterated a “sell” rating and set a GBX 170 ($2.27) target price on shares of South32 in a research report on Thursday, December 7th. Citigroup upgraded South32 to a “buy” rating and set a GBX 210 ($2.81) target price for the company in a research report on Tuesday, December 5th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 180 ($2.41) target price on shares of South32 in a research report on Wednesday, November 15th. Liberum Capital reiterated a “sell” rating and set a GBX 150 ($2.01) target price on shares of South32 in a research report on Friday, November 10th. Finally, Barclays reiterated an “overweight” rating on shares of South32 in a research report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of GBX 185.70 ($2.48).
WARNING: This story was originally posted by Transcript Daily and is the property of of Transcript Daily. If you are viewing this story on another domain, it was illegally stolen and republished in violation of United States and international trademark & copyright law. The correct version of this story can be viewed at https://transcriptdaily.com/2018/01/05/south32-s32-hits-new-12-month-high-at-212-80.html.
Receive News & Ratings for South32 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 and related companies with MarketBeat.com's FREE daily email newsletter.