Sasol (SSL) Rating Increased to Outperform at Macquarie
Sasol (NYSE:SSL) was upgraded by Macquarie from a “neutral” rating to an “outperform” rating in a research report issued on Thursday.
A number of other research firms have also recently commented on SSL. JPMorgan Chase raised shares of Sasol from a “neutral” rating to an “overweight” rating in a research report on Tuesday, February 13th. UBS raised shares of Sasol from a “sell” rating to a “neutral” rating in a research report on Wednesday, April 4th. Zacks Investment Research cut shares of Sasol from a “buy” rating to a “hold” rating in a research report on Tuesday, March 20th. ValuEngine cut shares of Sasol from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Finally, Citigroup raised shares of Sasol from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 28th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $34.00.
SSL stock opened at $35.37 on Thursday. The company has a quick ratio of 1.03, a current ratio of 1.56 and a debt-to-equity ratio of 0.36. Sasol has a one year low of $26.92 and a one year high of $38.75.
Sasol Company Profile
Sasol Limited operates as an integrated chemicals and energy company. It operates through Mining, Exploration and Production International, Energy, Base Chemicals, and Performance Chemicals segments. The company operates coal mines; develops and manages upstream interests in oil and gas exploration and production in Mozambique, South Africa, Australia, Canada, and Gabon; and markets commodity and various performance chemicals, such as organics, inorganics and wax value chains, as well as polymers, solvents, and ammonia-based fertilizers.
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