Sasol Limited (NYSE:SSL) has earned an average rating of “Hold” from the eight brokerages that are covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $7.50.

Several research firms recently commented on SSL. Bank of America cut shares of Sasol from a “buy” rating to a “neutral” rating in a research report on Monday, February 11th. Macquarie cut shares of Sasol from an “outperform” rating to a “neutral” rating in a research report on Friday, February 8th. Finally, Zacks Investment Research cut shares of Sasol from a “buy” rating to a “sell” rating in a research report on Wednesday, January 30th.

A number of large investors have recently modified their holdings of the business. Comerica Bank lifted its position in Sasol by 0.7% during the 4th quarter. Comerica Bank now owns 47,646 shares of the oil and gas company’s stock worth $1,456,000 after buying an additional 340 shares in the last quarter. Unison Advisors LLC grew its stake in Sasol by 0.9% in the 4th quarter. Unison Advisors LLC now owns 50,318 shares of the oil and gas company’s stock valued at $1,474,000 after buying an additional 446 shares during the last quarter. NumerixS Investment Technologies Inc grew its stake in Sasol by 112.5% in the 4th quarter. NumerixS Investment Technologies Inc now owns 1,700 shares of the oil and gas company’s stock valued at $50,000 after buying an additional 900 shares during the last quarter. FDx Advisors Inc. grew its stake in Sasol by 7.5% in the 4th quarter. FDx Advisors Inc. now owns 17,723 shares of the oil and gas company’s stock valued at $519,000 after buying an additional 1,243 shares during the last quarter. Finally, Pzena Investment Management LLC grew its stake in Sasol by 3.2% in the 4th quarter. Pzena Investment Management LLC now owns 70,186 shares of the oil and gas company’s stock valued at $2,056,000 after buying an additional 2,186 shares during the last quarter. 2.14% of the stock is currently owned by hedge funds and other institutional investors.

Shares of SSL stock traded down $0.18 on Friday, hitting $33.06. The stock had a trading volume of 1,946 shares, compared to its average volume of 180,322. Sasol has a twelve month low of $27.40 and a twelve month high of $39.73. The firm has a market capitalization of $21.48 billion, a price-to-earnings ratio of 15.93, a price-to-earnings-growth ratio of 2.49 and a beta of 0.83. The company has a quick ratio of 0.96, a current ratio of 1.57 and a debt-to-equity ratio of 0.50.

The business also recently disclosed a semiannual dividend, which was paid on Thursday, March 28th. Investors of record on Friday, March 15th were given a $0.4263 dividend. The ex-dividend date of this dividend was Thursday, March 14th. This represents a yield of 2.81%. Sasol’s dividend payout ratio is currently 29.47%.

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.

See Also: Guidelines for Successful Channel Trading

Analyst Recommendations for Sasol (NYSE:SSL)

Receive News & Ratings for Sasol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sasol and related companies with MarketBeat.com's FREE daily email newsletter.