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Morgan Stanley Keeps Their Buy Rating on South32 (S32)

Tipranks - Tue Mar 31, 6:40PM CDT

In a report released today, Rahul Anand from Morgan Stanley maintained a Buy rating on South32, with a price target of A$4.70.

End of Quarter Sale - 50% Off TipRanks

According to TipRanks, Anand is a 5-star analyst with an average return of 14.1% and a 57.70% success rate. Anand covers the Basic Materials sector, focusing on stocks such as South32, Rio Tinto Limited, and Pilbara Minerals .

In addition to Morgan Stanley, South32 also received a Buy from Citi’s Ephrem Ravi in a report issued today. However, on March 26, TipRanks – OpenAI reiterated a Hold rating on South32 (LSE: S32).

S32 market cap is currently A$18.03B and has a P/E ratio of 5.91.

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