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Macquarie Sticks to Their Buy Rating for South32 (S32)
Macquarie analyst maintained a Buy rating on South32 today and set a price target of A$5.80.
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In addition to Macquarie, South32 also received a Buy from Morgan Stanley’s Rahul Anand in a report issued on April 15. However, on April 14, 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 17.96M.
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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