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Macquarie Sticks to Its Buy Rating for South32 (S32)
Macquarie analyst Robert Stein maintained a Buy rating on South32 today and set a price target of A$5.60.
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According to TipRanks, Stein is a 4-star analyst with an average return of 5.7% and a 52.44% success rate. Stein covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Fortescue Metals Group Ltd, and IGO.
In addition to Macquarie, South32 also received a Buy from TipRanks – Google’s Google Materials GB in a report issued on March 26. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on South32 (LSE: S32).
The company has a one-year high of A$4.91 and a one-year low of A$2.47. Currently, South32 has an average volume of 18.44M.
Read More on GB:S32:
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