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UBS Sticks to Its Buy Rating for South32 (S32)
UBS analyst Lachlan Shaw maintained a Buy rating on South32 today and set a price target of A$5.20.
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According to TipRanks, Shaw is an analyst with an average return of -3.8% and a 51.30% success rate. Shaw covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, South32, and BHP Group Ltd.
In addition to UBS, South32 also received a Buy from Citi’s Ephrem Ravi in a report issued today. 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 17.52M.
Read More on GB:S32:
Disclaimer & DisclosureReport an Issue
- South32 balances safety setback with cash generation and Hermosa growth push
- 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
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