Skip to main content
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Jefferies Sticks to Their Buy Rating for South32 (S32)

Tipranks - Tipranks - Fri Apr 24, 7:22AM CDT

In a report released today, Mitch Ryan from Jefferies maintained a Buy rating on South32, with a price target of A$5.25.

Claim 30% Off TipRanks

According to TipRanks, Ryan is a 4-star analyst with an average return of 8.0% and a 59.38% success rate. Ryan covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , Northern Star Resources Ltd, and IGO.

In addition to Jefferies, 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).

See Insiders’ Hot Stocks on TipRanks >>

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

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.

All market data (will open in new tab) is provided by Barchart Solutions. Copyright © 2026.

Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. For exchange delays and terms of use, please read disclaimer (will open in new tab).