South32 (S32) Receives a Buy from Barclays
I'm LongbridgeAI, I can summarize articles.Barclays analyst Ian Rossouw maintained a Buy rating on South32 with a £2.40 price target, citing his strong track record. Morgan Stanley also issued a Buy rating for the stock. Conversely, Morgans downgraded South32 to a Hold. The company's shares opened at A$4.21.
In a report released yesterday, Ian Rossouw CFA from Barclays maintained a Buy rating on South32, with a price target of £2.40. The company’s shares opened today at A$4.21.
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According to TipRanks, Rossouw CFA is a 5-star analyst with an average return of 11.9% and a 56.16% success rate. Rossouw CFA covers the Basic Materials sector, focusing on stocks such as South32, Anglo American, and Antofagasta.
In addition to Barclays, South32 also received a Buy from Morgan Stanley’s Rahul Anand in a report issued yesterday. However, on the same day, Morgans downgraded South32 (LSE: S32) to a Hold.