---
title: "Barclays Reaffirms Their Buy Rating on South32 (S32)"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292006832.md"
description: "Barclays analyst Ian Rossouw reaffirmed a Buy rating on South32 (S32), whose shares closed at A$4.00. Rossouw, a 5-star analyst with a strong track record, covers the Basic Materials sector. While Jefferies also issued a Buy rating for South32 on July 2, Morgans downgraded the stock to Hold on the same day."
datetime: "2026-07-08T03:16:09.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292006832.md)
  - [en](https://longbridge.com/en/news/292006832.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292006832.md)
generator: "portal-rs"
---

# Barclays Reaffirms Their Buy Rating on South32 (S32)

Barclays analyst Ian Rossouw CFA maintained a Buy rating on South32 yesterday. The company’s shares closed yesterday at A$4.00.

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According to TipRanks, Rossouw CFA is a 5-star analyst with an average return of 12.3% and a 57.34% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as South32, Antofagasta, and Anglo American.

In addition to Barclays, South32 also received a Buy from Jefferies’s Mitch Ryan in a report issued on July 2. However, on the same day, Morgans downgraded South32 (LSE: S32) to a Hold.

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- [BCS.US](https://longbridge.com/en/quote/BCS.US.md)
- [S32.UK](https://longbridge.com/en/quote/S32.UK.md)
- [ANTO.UK](https://longbridge.com/en/quote/ANTO.UK.md)
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- [JEF.US](https://longbridge.com/en/quote/JEF.US.md)
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## Related News & Research

- [South32 Director Msimang Acquires Shares on Johannesburg Stock Exchange](https://longbridge.com/en/news/297749482.md)
- [South32 cuts Trilogy Metals stake to 6% after US Department of War deal](https://longbridge.com/en/news/297367994.md)
- [REG - South32 Limited - Notification of Dealing Form: Stephen Pearce](https://longbridge.com/en/news/297290919.md)
- [South32: Profit and cash flow surged, with a $5.6B asset sale funding major base metals growth](https://longbridge.com/en/news/297225255.md)
- [Frontier Energy Limited (FHE) Receives a Buy from Ord Minnett](https://longbridge.com/en/news/297457397.md)

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