Sasol Limited (NYSE:SSL) has been given a consensus rating of “Hold” by the eight ratings firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a sell recommendation and seven have given a hold recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $7.50.
Several analysts recently weighed in on SSL shares. Zacks Investment Research raised Sasol from a “sell” rating to a “hold” rating in a report on Saturday, April 20th. HSBC cut Sasol from a “buy” rating to a “hold” rating in a report on Wednesday, May 22nd. Citigroup cut Sasol from a “buy” rating to a “neutral” rating in a report on Thursday, May 23rd. JPMorgan Chase & Co. cut Sasol from an “overweight” rating to a “neutral” rating in a report on Thursday, May 23rd. Finally, Macquarie cut Sasol from an “outperform” rating to a “neutral” rating in a report on Wednesday, May 22nd.
Shares of NYSE SSL opened at $24.49 on Wednesday. The company has a market cap of $16.78 billion, a P/E ratio of 11.83, a P/E/G ratio of 2.01 and a beta of 1.04. The business’s 50 day simple moving average is $26.75. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.57 and a quick ratio of 0.96. Sasol has a 12 month low of $23.92 and a 12 month 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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