South32 (LON:S32) Hits New 12-Month High – Time to Buy?

Posted by Sarita Garza on Sep 15th, 2026

South32 Limited (LON:S32 – Get Free Report) reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 282 and last traded at GBX 254.80, with a volume of 47870 shares changing hands. The stock had previously closed at GBX 255.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on S32. Royal Bank Of Canada reiterated a “neutral” rating on shares of South32 in a research note on Thursday, August 27th. Jefferies Financial Group restated a “buy” rating and issued a GBX 310 target price on shares of South32 in a research note on Friday, August 28th. Finally, Citigroup upped their target price on South32 from GBX 3,000 to GBX 3,200 and gave the company a “buy” rating in a report on Monday, June 8th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of GBX 1,755.

Check Out Our Latest Report on South32

South32 Stock Performance

The firm has a market capitalization of £11.38 billion, a P/E ratio of 10.54, a price-to-earnings-growth ratio of 7.26 and a beta of 0.70. The business has a fifty day moving average of GBX 247.40 and a 200-day moving average of GBX 236.22.

Insider Transactions at South32

In other South32 news, insider Stephen Pearce purchased 40,000 shares of South32 stock in a transaction on Friday, August 28th. The stock was bought at an average price of GBX 5 per share, for a total transaction of £2,000. Company insiders own 0.38% of the company’s stock.

South32 Company Profile

(Get Free Report)

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, ferronickel, and other base metals.