Sasol Ltd. (SSL) has an average broker rating of 1.25, which is interpreted as a Strong Buy, as rated by 2 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.
Also, In the latest statement by the brokerage house, Bank of America upgrades its outlook on Sasol Ltd. (NYSE:SSL). The current rating of the shares is Buy, according to the research report released by the firm. Previously, the company had a rating of Neutral. The rating by the firm was issued on August 16, 2016.
Sasol Ltd. (NYSE:SSL): The stock opened in the green at $27.04 on Thursday, but the bulls found it difficult to push the prices higher. The stock reached a high of $27.13 and a low of $26.6 for the day. The stock did not find buyers even at the lows and closed at $26.67 recording a loss of -0.19%. 532,276 shares exchanged hands during the trading day. The stock had closed at $26.72 in the previous days trading.
Sasol Limited (Sasol) is a holding company. The Company is an integrated energy and chemicals company that develops and commercializes technologies, builds and operates facilities to produce a range of product streams, including liquid fuels, high-value chemicals and low-carbon electricity. The Company operates through six segments: Mining, Exploration and Production International, Energy, Base Chemicals, Performance Chemicals and Other. Through Sasol technologies and processes, the Company produces various products, such as fuel components, chemical components and co-products. From these products and processes it delivers diesel, petrol (gasoline), naphtha, kerosene (jet fuel), liquid petroleum gas (LPG), olefins, alcohols, polymers, solvents, surfactants, co-monomers, ammonia, methanol, crude tar acids, sulfur, illuminating paraffin, bitumen and fuel oil. Its products are used in the production process of numerous everyday products made across the world.