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Morgan Stanley Keeps Their Buy Rating on South32 (S32)
In a report released today, Rahul Anand from Morgan Stanley maintained a Buy rating on South32, with a price target of A$5.00.
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According to TipRanks, Anand is a 5-star analyst with an average return of 15.2% and a 58.75% 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 Morgans’s Adrian Prendergast in a report issued on April 13. However, yesterday, HSBC maintained 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$2.52. Currently, South32 has an average volume of 18.53M.
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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