Barclays PLC Reiterates Overweight Rating for South32 Ltd (S32)

Barclays PLC reaffirmed their overweight rating on shares of South32 Ltd (LON:S32) in a research report released on Tuesday.

A number of other research analysts also recently weighed in on the company. Deutsche Bank AG reaffirmed a hold rating and set a GBX 170 ($2.24) price target on shares of South32 in a research note on Friday, October 20th. Macquarie reaffirmed a neutral rating and set a GBX 200 ($2.64) price target on shares of South32 in a research note on Friday, October 20th. Jefferies Group LLC reaffirmed a hold rating and set a GBX 200 ($2.64) price target on shares of South32 in a research note on Thursday, October 19th. Citigroup Inc. downgraded South32 to a neutral rating and upped their price target for the stock from GBX 170 ($2.24) to GBX 190 ($2.51) in a research note on Friday, August 25th. Finally, Liberum Capital reaffirmed a sell rating and set a GBX 90 ($1.19) price target on shares of South32 in a research note on Thursday, August 24th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 175.64 ($2.32).



South32 (LON:S32) opened at 200.00 on Tuesday. The company’s 50 day moving average price is GBX 190.86 and its 200-day moving average price is GBX 172.66. The company’s market capitalization is GBX 10.41 billion. South32 has a 12-month low of GBX 143.25 and a 12-month high of GBX 201.31.

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The business also recently disclosed a dividend, which was paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th were issued a dividend of $0.06 per share. This is a positive change from South32’s previous dividend of $0.04. This represents a yield of 2.78%. The ex-dividend date of this dividend was Thursday, September 14th.

South32 Company Profile

Analyst Recommendations for South32 (LON:S32)

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