Morgans Keeps Their Buy Rating on South32 (S32)
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Prendergast covers the Energy sector, focusing on stocks such as Santos Limited, Beach Energy , and Amplitude Energy. According to TipRanks, Prendergast has an average return of 14.4% and a 55.96% success rate on recommended stocks. Currently, the analyst consensus on South32 is a Moderate Buy with an average price target of p159.89, a 4.91% upside from current levels. In a report released today, Jefferies also maintained a Buy rating on the stock with a A$3.75 price target.
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