UBS Group reiterated their buy rating on shares of South32 (LON:S32) in a report published on Friday, January 18th, investing.thisismoney.co.uk reports.
A number of other analysts also recently weighed in on S32. Deutsche Bank increased their price target on shares of South32 from GBX 235 ($3.07) to GBX 250 ($3.27) and gave the company a buy rating in a research report on Tuesday, October 2nd. Barclays reiterated an overweight rating on shares of South32 in a research report on Friday, October 12th. HSBC upgraded shares of South32 to a buy rating and raised their target price for the stock from GBX 225 ($2.94) to GBX 230 ($3.01) in a report on Wednesday, October 31st. Finally, Citigroup restated a buy rating and set a GBX 250 ($3.27) target price on shares of South32 in a report on Monday, December 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. South32 has a consensus rating of Buy and a consensus target price of GBX 225 ($2.94).
Shares of LON:S32 opened at GBX 201.20 ($2.63) on Friday. South32 has a fifty-two week low of GBX 143.25 ($1.87) and a fifty-two week high of GBX 236 ($3.08).
South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, laterite ferronickel, silver, lead, and zinc.
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