Macquarie cut shares of Sasol (NYSE:SSL) from an outperform rating to a neutral rating in a research note released on Wednesday, May 22nd, FinViz reports.
SSL has been the subject of several other reports. Zacks Investment Research raised Sasol from a sell rating to a hold rating in a research note on Saturday, April 20th. Bank of America downgraded Sasol from a buy rating to a neutral rating in a research report on Monday, February 11th. Finally, HSBC downgraded Sasol from a buy rating to a hold rating in a research report on Wednesday, May 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average target price of $20.75.
Shares of SSL traded down $0.87 during mid-day trading on Wednesday, hitting $23.98. The company’s stock had a trading volume of 458,832 shares, compared to its average volume of 220,548. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.57 and a quick ratio of 0.96. The stock has a market capitalization of $16.26 billion, a P/E ratio of 11.58, a P/E/G ratio of 1.94 and a beta of 1.04. Sasol has a 1-year low of $23.92 and a 1-year high of $39.73.
Sasol Company Profile
Sasol Limited operates as an integrated chemical and energy company in South Africa. The company operates through Mining, Exploration and Production International, Energy, Base Chemicals, and Performance Chemicals segments. It operates coal mines; and develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Australia, Canada, Gabon, and Australia.
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