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Jefferies Keeps Their Buy Rating on South32 (S32)

Tipranks - Tue Feb 17, 9:22PM CST

In a report released yesterday, Mitch Ryan from Jefferies maintained a Buy rating on South32. The company’s shares closed yesterday at A$4.41.

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Ryan covers the Basic Materials sector, focusing on stocks such as South32, Pilbara Minerals , and Lynas Rare Earths . According to TipRanks, Ryan has an average return of 9.0% and a 62.04% success rate on recommended stocks.

Currently, the analyst consensus on South32 is a Strong Buy with an average price target of p246.55, representing a 5,490.70% upside. In a report released on February 15, TipRanks – DeepSeek also upgraded the stock to a Buy with a A$5.00 price target.

S32 market cap is currently A$19.78B and has a P/E ratio of 44.65.

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