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Positive Report for South32 (S32) from Ord Minnett
In a report released today, from Ord Minnett upgraded South32 to a Buy, with a price target of A$5.20.
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In addition to Ord Minnett, South32 also received a Buy from Citi’s Ephrem Ravi in a report issued on March 31. However, on March 26, TipRanks – xAI reiterated a Hold rating on South32 (LSE: S32).
Based on South32’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of A$2.86 billion and a net profit of A$451.14 million. In comparison, last year the company earned a revenue of A$3.19 billion and had a net profit of A$360 million
Read More on GB:S32:
Disclaimer & DisclosureReport an Issue
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- South32 Updates Dividend Notice With Currency Conversion Details
- South32 Sets Local Currency Rates for 2026 Interim Dividend
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