South32 Ltd (S32) Price Target Raised to GBX 160

South32 Ltd (LON:S32) had its price target lifted by Deutsche Bank AG from GBX 150 ($1.94) to GBX 160 ($2.07) in a research note issued to investors on Thursday, June 22nd, MarketBeat reports. They currently have a hold rating on the stock.

Other research analysts also recently issued research reports about the company. Jefferies Group LLC reiterated a buy rating and set a GBX 225 ($2.91) price target on shares of South32 in a research note on Monday, May 15th. Macquarie reiterated an outperform rating and set a GBX 200 ($2.59) price target on shares of South32 in a research note on Thursday, May 11th. Barclays PLC reiterated an overweight rating and set a GBX 210 ($2.72) price target on shares of South32 in a research note on Friday, April 21st. Citigroup Inc. cut their price target on South32 from GBX 200 ($2.59) to GBX 190 ($2.46) and set a buy rating for the company in a research note on Thursday, April 27th. Finally, Liberum Capital restated a sell rating and issued a GBX 90 ($1.17) target price on shares of South32 in a research note on Wednesday, May 10th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of GBX 172.70 ($2.24).

Shares of South32 (LON S32) traded up 1.41% during midday trading on Thursday, hitting GBX 162.25. 2,258,271 shares of the stock were exchanged. South32 has a 1-year low of GBX 97.25 and a 1-year high of GBX 184.00. The firm’s market capitalization is GBX 8.63 billion. The stock’s 50-day moving average price is GBX 155.62 and its 200-day moving average price is GBX 162.53.

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