Key Points
- Insider Stephen Pearce bought 40,000 South32 shares at an average of GBX 5, for a reported total of £2,000, in a transaction dated August 28.
- South32 shares opened at GBX 277, near their one-year high of GBX 280.80, with a market capitalization of approximately £12.40 billion.
- Analyst sentiment is broadly positive: two analysts rate the stock “Buy” and one rates it “Hold,” resulting in a consensus “Moderate Buy” rating.
South32 Limited (LON:S32 - Get Free Report) insider Stephen Pearce acquired 40,000 shares of the firm's stock in a transaction dated Friday, August 28th. The stock was bought at an average price of GBX 5 per share, for a total transaction of £2,000.
South32 Price Performance
Shares of S32 stock opened at GBX 277 on Friday. The business has a 50-day moving average of GBX 234.73 and a 200 day moving average of GBX 233.17. South32 Limited has a 1-year low of GBX 123.24 and a 1-year high of GBX 280.80. The stock has a market capitalization of £12.40 billion, a PE ratio of 39.57, a P/E/G ratio of 7.26 and a beta of 0.68.
Analysts Set New Price Targets
S32 has been the subject of a number of analyst reports. Royal Bank Of Canada reissued a "neutral" rating on shares of South32 in a research note on Thursday. Citigroup upped their price target on shares of South32 from GBX 3,000 to GBX 3,200 and gave the company a "buy" rating in a report on Monday, June 8th. Finally, Jefferies Financial Group reissued a "buy" rating and set a GBX 310 price target on shares of South32 in a research report on Friday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of GBX 1,755.
Get Our Latest Research Report on South32
South32 Company Profile
(
Get Free Report)
South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, ferronickel, and other base metals.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
