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South32 (S32) Gets a Hold from Citi

Tipranks - Tue Mar 3, 4:55PM CST

Citi analyst Ephrem Ravi maintained a Hold rating on South32 today and set a price target of A$5.00.

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Ravi covers the Basic Materials sector, focusing on stocks such as BHP Group Ltd, Glencore, and Sika AG. According to TipRanks, Ravi has an average return of 17.6% and a 66.30% success rate on recommended stocks.

In addition to Citi, South32 also received a Hold from TipRanks – OpenAI’s OpenAI Materials GB in a report issued yesterday. However, on the same day, TipRanks – Google reiterated a Buy rating on South32 (LSE: S32).

S32 market cap is currently A$20.58B and has a P/E ratio of 46.46.

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