South32 Limited (ASX:S32)
4.810
+0.140 (3.00%)
May 29, 2026, 4:18 PM AEST
South32 Stock Forecast
Stock Price Forecast
According to 13 analysts polled by S&P Global, South32 stock has a consensus rating of "Buy" and an average price target of $4.72. The average 1-year stock price forecast is 1.87% lower than the current stock price, while the lowest is $3.73 (-22.45%) and the highest is $5.44 (+13.10%).
Price Target: $4.72 (-1.87%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for South32 stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 6 | 6 | 6 | 6 |
| Buy | 3 | 3 | 3 | 4 | 4 | 4 |
| Hold | 5 | 3 | 3 | 2 | 3 | 3 |
| Sell | 0 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 13 | 13 | 13 | 13 | 13 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citi | Citi | Buy Maintains $5.27 → $5.65 | Buy | Maintains | $5.27 → $5.65 | +17.41% | May 26, 2026 |
| UBS | UBS | Buy Maintains $5.10 | Buy | Maintains | $5.10 | +6.03% | May 22, 2026 |
| Barclays | Barclays | Buy Maintains $3.70 → $3.35 | Buy | Maintains | $3.70 → $3.35 | -30.37% | May 8, 2026 |
| Morgans | Morgans | Buy Maintains $5.10 → $5.00 | Buy | Maintains | $5.10 → $5.00 | +3.95% | May 7, 2026 |
Unknown Analyst Macquarie No rating | Macquarie | Buy Maintains $4.50 | Buy | Maintains | $4.50 | -6.44% | May 6, 2026 |
Sources: Price targets and consensus ratings provided by S&P Global Market Intelligence. Historical ratings and analyst data provided by TipRanks. The data is sourced from Wall Street analysts. Data sources.