What’s in South32 Ltd After Today’s Huge Increase?

 What's in South32 Ltd After Today's Huge Increase?

The stock of South32 Ltd (LON:S32) is a huge mover today! The stock increased 4.07% or GBX 6.61 on November 23, hitting GBX 168.86. About 5.65M shares traded hands or 33.89% up from the average. South32 Ltd (LON:S32) has risen 89.77% since April 26, 2016 and is uptrending. It has outperformed by 84.44% the S&P500.
The move comes after 8 months positive chart setup for the GBX company. It was reported on Nov, 23 by Barchart.com. We have GBX 177.30 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), 5 rate it a “Buy”, 2 “Sell”, while 4 “Hold”. This means 45% are positive. GBX 210 is the highest target while GBX 47 is the lowest. The GBX 141.18 average target is -16.39% below today’s (GBX 168.86) stock price. South32 Limited Ord Npv Di Wi has been the topic of 123 analyst reports since July 23, 2015 according to StockzIntelligence Inc. Deutsche Bank maintained South32 Ltd (LON:S32) on Tuesday, August 25 with “Buy” rating. Deutsche Bank maintained the stock with “Buy” rating in Tuesday, October 20 report. The stock of South32 Ltd (LON:S32) has “Overweight” rating given on Thursday, November 10 by Barclays Capital. The firm has “Hold” rating given on Monday, September 14 by Jefferies. Deutsche Bank maintained it with “Hold” rating and GBX 122 target price in Monday, November 7 report. BNP Paribas maintained South32 Ltd (LON:S32) rating on Tuesday, August 23. BNP Paribas has “Outperform” rating and GBX 120 price target. The firm earned “Hold” rating on Thursday, January 21 by Liberum Capital. Jefferies downgraded South32 Ltd (LON:S32) rating on Thursday, July 23. Jefferies has “Hold” rating and GBX 85 price target. The rating was maintained by Barclays Capital with “Overweight” on Friday, November 4. As per Tuesday, October 6, the company rating was maintained by Liberum Capital.

More important recent South32 Ltd (LON:S32) news were published by: Wsj.com which released: “A Year After Spinoff from BHP, South32 Shapes Up” on June 02, 2016, also Fool.com.Au published article titled: “Can South32 Ltd shares go higher?”, Fool.com.Au published: “Why South32 Ltd shares are sinking on its year to forget” on August 25, 2016. More interesting news about South32 Ltd (LON:S32) was released by: Fool.com.Au and their article: “South32 Ltd shares go gangbusters on dividend talk” with publication date: July 12, 2016.

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

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