South32 Ltd (S32) Hits New 12-Month High at $201.00
South32 Ltd (LON:S32)’s share price hit a new 52-week high during trading on Monday . The company traded as high as GBX 201 ($2.67) and last traded at GBX 199.75 ($2.65), with a volume of 4,430,643 shares traded. The stock had previously closed at GBX 192.75 ($2.56).
S32 has been the subject of several research analyst reports. Macquarie reaffirmed an “outperform” rating and set a GBX 156 ($2.07) price target (down previously from GBX 200 ($2.65)) on shares of South32 in a research note on Friday, August 25th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 180 ($2.39) price objective on shares of South32 in a research note on Tuesday, June 27th. Deutsche Bank AG raised their price objective on South32 from GBX 150 ($1.99) to GBX 160 ($2.12) and gave the stock a “hold” rating in a report on Thursday, June 22nd. Citigroup Inc. lowered South32 to a “neutral” rating and decreased their target price for the company from GBX 180 ($2.39) to GBX 170 ($2.25) in a research report on Friday, July 21st. Finally, Jefferies Group LLC lowered South32 to a “hold” rating and decreased their target price for the company from GBX 225 ($2.98) to GBX 170 ($2.25) in a research report on Thursday, June 8th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 174.73 ($2.32).
The company has a 50-day moving average of GBX 183.06 and a 200-day moving average of GBX 168.46. The stock’s market capitalization is GBX 10.40 billion.
The business also recently declared a dividend, which will be paid on Thursday, October 12th. Shareholders of record on Thursday, September 14th will be given a $0.06 dividend. The ex-dividend date of this dividend is Thursday, September 14th. This represents a yield of 2.78%. This is a positive change from South32’s previous dividend of $0.04.
ILLEGAL ACTIVITY WARNING: “South32 Ltd (S32) Hits New 12-Month High at $201.00” was first posted by Watch List News and is the property of of Watch List News. If you are viewing this piece of content on another domain, it was illegally copied and republished in violation of US & international copyright laws. The original version of this piece of content can be viewed at https://www.watchlistnews.com/south32-ltd-s32-hits-new-12-month-high-at-201-00/1603672.html.
South32 Company Profile
Receive News & Ratings for South32 Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.