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HSBC Sticks to Their Hold Rating for South32 (S32)
HSBC analyst Shilan Modi maintained a Hold rating on South32 today and set a price target of p230.00.
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Modi covers the Basic Materials sector, focusing on stocks such as Rio Tinto, Glencore, and Anglo American. According to TipRanks, Modi has an average return of -21.9% and a 20.00% success rate on recommended stocks.
South32 has an analyst consensus of Strong Buy, with a price target consensus of p262.37.
S32 market cap is currently A$20.72B and has a P/E ratio of 5.91.
Read More on GB:S32:
Disclaimer & DisclosureReport an Issue
- South32 Reports Lapse of Over 1.1 Million Conditional Rights
- South32 Issues 452,944 New Shares on Conversion of Unquoted Securities
- South32 Issues Unquoted Rights Under Employee Incentive Scheme
- South32 Names Sinead Kaufman to Board, Files Initial Interest Notice
- South32 upgraded to Buy from Neutral at Citi
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