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Sasol (SSL) was downgraded to a Sell Rating at J.P. Morgan

Tipranks - Sat Jan 17, 8:00AM CST

Sasol received a Sell rating and price target from J.P. Morgan analyst Alex Comer today.

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According to TipRanks, Comer is an analyst with an average return of -11.5% and a 33.33% success rate.

The analyst consensus on Sasol is currently a Moderate Sell rating.

Based on Sasol’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $126.99 billion and a net profit of $2.17 billion. In comparison, last year the company earned a revenue of $138.83 billion and had a GAAP net loss of $53.86 billion

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