South32 (S32) Share Forecast & Price Target
S32 Analyst Ratings
Moderate Buy
5Buy4Hold0Sell
Based on 9 analysts giving stock ratings to South32 in the past 3 months
S32 Stock 12 Month Forecast
Average Price Target
GBX 280.20▲(24.31% Upside)Based on 9 Wall Street analysts offering 12 month price targets for South32 in the last 3 months. The average price target is GBX 280.20 with a high forecast of GBX 320.05 and a low forecast of GBX 257.09. The average price target represents a 24.31% change from the last price of GBX 225.40.
Past 12 Months12 Month ForecastJan2026Oct2026
HighGBX 320.05
AverageGBX 280.20
LowGBX 257.09
Highest Price TargetHighestGBX 320.05Average Price TargetGBX 280.20Lowest Price TargetLowestGBX 257.09
Detailed List of Analyst Forecasts
Analyst Type
Ranks
Analyst Rating
Upside/ Downside
Action
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
 Unknown AnalystNot Ranked | Ord Minnett | GBX 288.57 | buy | 28.02%Upside | Upgraded | 10/20/26 | ||
| Ian Rossouw CFA | Barclays | GBX 260 | buy | 15.35%Upside | Reiterated | 10/19/26 | ||
| Thiago Ojea | Citi | GBX 320.05 | buy | 41.99%Upside | Reiterated | 10/19/26 | ||
| Unknown AnalystNot Ranked | Macquarie | GBX 262.33 | hold | 16.39%Upside | Reiterated | 10/19/26 | ||
| James Redfern | RBC Capital | GBX 288.57 | buy | 28.02%Upside | Reiterated | 10/19/26 | ||
| Rahul Anand | Morgan Stanley | GBX 267.58→GBX 272.83 | hold | 21.04%Upside | Downgraded | 10/12/26 | ||
| Lyndon Fagan | J.P. Morgan | GBX 262.33 | hold | 16.39%Upside | Reiterated | 10/02/26 | ||
| Adrian Prendergast | Morgans | GBX 246.59→GBX 257.09 | hold | 14.06%Upside | Downgraded | 08/28/26 | ||
| Mitch Ryan | Jefferies | GBX 310 | buy | 37.53%Upside | Reiterated | 08/28/26 | ||
| Lachlan Shaw | UBS | GBX 267.58→GBX 262.33 | buy | 16.39%Upside | Reiterated | 06/30/26 | ||
| Shilan Modi | HSBC | GBX 215→GBX 230 | hold | 2.04%Upside | Reiterated | 04/14/26 | ||
| Unknown AnalystNot Ranked | Goldman Sachs | GBX 152.15→GBX 178.39 | hold | -20.86%Downside | Reiterated | 01/13/26 |
| Price Target | Follow | Article | ||||||
|---|---|---|---|---|---|---|---|---|
| Unknown AnalystNot Ranked | 10/20/26 | GBX 288.57 | buy | 28.02%Upside | Upgraded | Ord Minnett | ||
| Ian Rossouw CFA | 10/19/26 | GBX 260 | buy | 15.35%Upside | Reiterated | Barclays | ||
| Thiago Ojea | 10/19/26 | GBX 320.05 | buy | 41.99%Upside | Reiterated | Citi | ||
| Unknown AnalystNot Ranked | 10/19/26 | GBX 262.33 | hold | 16.39%Upside | Reiterated | Macquarie | ||
| James Redfern | 10/19/26 | GBX 288.57 | buy | 28.02%Upside | Reiterated | RBC Capital | ||
| Rahul Anand | 10/12/26 | GBX 267.58→GBX 272.83 | hold | 21.04%Upside | Downgraded | Morgan Stanley | ||
| Lyndon Fagan | 10/02/26 | GBX 262.33 | hold | 16.39%Upside | Reiterated | J.P. Morgan | ||
| Adrian Prendergast | 08/28/26 | GBX 246.59→GBX 257.09 | hold | 14.06%Upside | Downgraded | Morgans | ||
| Mitch Ryan | 08/28/26 | GBX 310 | buy | 37.53%Upside | Reiterated | Jefferies | ||
| Lachlan Shaw | 06/30/26 | GBX 267.58→GBX 262.33 | buy | 16.39%Upside | Reiterated | UBS | ||
| Shilan Modi | 04/14/26 | GBX 215→GBX 230 | hold | 2.04%Upside | Reiterated | HSBC | ||
| Unknown AnalystNot Ranked | 01/13/26 | GBX 152.15→GBX 178.39 | hold | -20.86%Downside | Reiterated | Goldman Sachs |
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Best Analysts Covering South32
3 Months
Success Rate7/10 ratings generated profit
70%
Average Return
+9.56%
Copying Mitch Ryan's trades and holding each position for 3 Months would result in 70.00% of your transactions generating a profit, with an average return of +9.56% per trade.
1 Year
Success Rate7/10 ratings generated profit
70%
Average Return
+6.32%
Copying Mitch Ryan's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +6.32% per trade.
2 Years
Success Rate7/10 ratings generated profit
70%
Average Return
+6.32%
Copying Mitch Ryan's trades and holding each position for 2 Years would result in 70.00% of your transactions generating a profit, with an average return of +6.32% per trade.
S32 Analyst Recommendation Trends
| Rating | Jun 26 | Jul 26 | Aug 26 | Sep 26 | Oct 26 |
|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 |
| Buy | 32 | 29 | 33 | 22 | 15 |
| Hold | 6 | 10 | 10 | 10 | 6 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| total | 38 | 39 | 43 | 32 | 21 |
In the current month, S32 has received 15 Buy Ratings, 6 Hold Ratings, and 0 Sell Ratings. S32 average Analyst price target in the past 3 months is 280.20.
S32 Financial Forecast
HighGBX 0.12
ConsensusGBX 0.09
LowGBX 0.06
S32 Earnings Forecast
Next quarter’s earnings estimate for S32 is GBX 0.09 with a range of GBX 0.06 to GBX 0.12. The previous quarter’s EPS was GBX 0.10. Its overall industry beat the EPS estimate 45.00% of the time in the past 12 months.
HighGBX 2.19B
ConsensusGBX 2.06B
LowGBX 1.95B
S32 Sales Forecast
Next quarter’s sales forecast for S32 is GBX 2.06B with a range of GBX 1.95B to GBX 2.19B. The previous quarter’s sales results were GBX 2.24B. Its overall industry beat sales estimates 58.40% of the time in the past 12 months.
S32 Stock Forecast FAQ
What is GB:S32’s average 12-month price target, according to analysts?
Based on analyst ratings, South32’s 12-month average price target is 280.20 p.
What is GB:S32’s upside potential, based on the analysts’ average price target?
South32 has 24.31% upside potential, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
How can I follow the stock ratings of top Wall Street analysts?
Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
Is South32 a Buy, Sell or Hold?
South32 has a consensus rating of Moderate Buy, which is based on 5 buy ratings, 4 hold ratings and 0 sell ratings.
What is South32’s share price target?
The average share price target for South32 is 280.20 p. This is based on 9 Wall Street analysts’ 12-month price targets, issued in the past 3 months. The highest analyst share price target is 320.05 p, and the lowest forecast is 257.09 p. The average share price target represents a 24.31% increase from the current price of 225.4 p.
What do analysts say about South32?
South32’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 9 Wall Street analysts.
How can I buy shares of South32?
To buy shares of GB:S32, you can open a brokerage account. See exclusive account opening deals on our Best Online Brokers page.