Is South32 Ltd a Buy? The Stock Rises Again

 Is South32 Ltd a Buy? The Stock Rises Again

The stock of South32 Ltd (LON:S32) is a huge mover today! The stock decreased 0.89% or GBX 1.41 on November 9, hitting GBX 157.84. About 11.65M shares traded hands or 236.71% up from the average. South32 Ltd (LON:S32) has risen 97.83% since April 12, 2016 and is uptrending. It has outperformed by 93.04% the S&P500.
The move comes after 9 months positive chart setup for the GBX company. It was reported on Nov, 9 by Barchart.com. We have GBX 367.77 PT which if reached, will make LON:S32 worth GBX more.

South32 Ltd (LON:S32) Ratings Coverage

Out of 11 analysts covering South32 Limited Ord Npv Di Wi (LON:S32), 4 rate it a “Buy”, 2 “Sell”, while 5 “Hold”. This means 36% are positive. South32 Limited Ord Npv Di Wi has been the topic of 118 analyst reports since July 23, 2015 according to StockzIntelligence Inc. The rating was maintained by Deutsche Bank on Monday, July 25 with “Hold”. On Tuesday, August 30 the stock rating was maintained by BNP Paribas with “Outperform”. The firm earned “Underperform” rating on Monday, September 5 by Macquarie Research. The firm has “Hold” rating by Deutsche Bank given on Monday, September 5. The stock of South32 Ltd (LON:S32) earned “Hold” rating by Jefferies on Wednesday, November 4. Citigroup downgraded the stock to “Neutral” rating in Monday, April 18 report. Jefferies maintained South32 Ltd (LON:S32) on Wednesday, August 12 with “Hold” rating. BNP Paribas maintained it with “Outperform” rating and GBX 92 target price in Wednesday, June 29 report. The firm has “Hold” rating by Deutsche Bank given on Wednesday, October 5. The rating was maintained by Deutsche Bank on Friday, February 26 with “Buy”.

More notable recent South32 Ltd (LON:S32) news were published by: Seekingalpha.com which released: “South32: Coal Is The New Gold” on November 07, 2016, also Wsj.com with their article: “A Year After Spinoff from BHP, South32 Shapes Up” published on June 02, 2016, Fool.com.Au published: “Can South32 Ltd shares go higher?” on October 17, 2016. More interesting news about South32 Ltd (LON:S32) were released by: Fool.com.Au and their article: “South32 Ltd shares go gangbusters on dividend talk” published on July 12, 2016 as well as Fool.com.Au‘s news article titled: “Why South32 Ltd shares are sinking on its year to forget” with publication date: August 25, 2016.

South32 Limited is a metals and mining company. The company has a market cap of GBP.

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