---
title: "Morgan Stanley Sticks to Their Buy Rating for South32 (S32)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291475724.md"
description: "Morgan Stanley analyst Rahul Anand maintained a Buy rating on South32 (S32) with a price target of A$4.85, citing his track record in the Basic Materials sector. While Citi also issued a Buy rating yesterday, Morgan Stanley's equity research team downgraded the stock to Hold. The report highlights Anand's strong performance metrics and covers other major players like BHP Group."
datetime: "2026-07-02T00:35:24.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291475724.md)
  - [en](https://longbridge.com/en/news/291475724.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291475724.md)
generator: "portal-rs"
---

# Morgan Stanley Sticks to Their Buy Rating for South32 (S32)

Morgan Stanley analyst Rahul Anand maintained a Buy rating on South32 today and set a price target of A$4.85.

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Anand covers the Basic Materials sector, focusing on stocks such as PLS Group, BHP Group Ltd, and South32. According to TipRanks, Anand has an average return of 13.3% and a 55.96% success rate on recommended stocks. 

In addition to Morgan Stanley, South32 also received a Buy from Citi’s Ephrem Ravi in a report issued yesterday. However, today, Morgans downgraded South32 (LSE: S32) to a Hold.

### Related Stocks

- [S32.UK](https://longbridge.com/en/quote/S32.UK.md)
- [S32.AU](https://longbridge.com/en/quote/S32.AU.md)
- [MS.US](https://longbridge.com/en/quote/MS.US.md)
- [PLS.AU](https://longbridge.com/en/quote/PLS.AU.md)
- [BHP.AU](https://longbridge.com/en/quote/BHP.AU.md)
- [BHP.UK](https://longbridge.com/en/quote/BHP.UK.md)
- [BHP.US](https://longbridge.com/en/quote/BHP.US.md)
- [C.US](https://longbridge.com/en/quote/C.US.md)
- [MS-O.US](https://longbridge.com/en/quote/MS-O.US.md)
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- [MS-F.US](https://longbridge.com/en/quote/MS-F.US.md)
- [MS-K.US](https://longbridge.com/en/quote/MS-K.US.md)
- [SOUHY.US](https://longbridge.com/en/quote/SOUHY.US.md)
- [BHPLF.US](https://longbridge.com/en/quote/BHPLF.US.md)
- [C-R.US](https://longbridge.com/en/quote/C-R.US.md)

## Related News & Research

- [South32 FY26 profit after tax attributable to members rises to US$1.09 billion; free cash flow more than doubled to US$610 million](https://longbridge.com/en/news/297093602.md)
- [South32 lifts Sierra Gorda ore reserves 61% to 1.1 billion tonnes](https://longbridge.com/en/news/296867010.md)
- [Macquarie Keeps Their Buy Rating on Polynovo  (CALZF)](https://longbridge.com/en/news/296991848.md)
- [UBS downgrades Liontown Resources Limited (LIS) to a Hold](https://longbridge.com/en/news/296844857.md)
- [Ord Minnett Sticks to Its Buy Rating for Megaport (MGPPF)](https://longbridge.com/en/news/296725946.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**