Is Sasol a buy or sell?
A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80).
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What is the future of Sasol shares?
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for Sasol Ltd have a median target of 20.56, with a high estimate of 22.82 and a low estimate of 13.94. The median estimate represents a +32.19% increase from the last price of 15.55.
Why is Sasol stock so low?
Sasol shares lost more than 10% on Tuesday, losing some of the momentum that had been regained after a dramatic plunge following the revelation of cost overruns associated with the construction of the Lake Charles Chemicals Project in the US. After opening at R152, the stock spiralled to close 10.23% lower at R92.
Why is Sasol share price increasing?
Sasol shareholders have seen significant gains in recent months as the group’s share price has risen 247.4 percent from a 52-week low reached at the end of last October. … Anchor Capital investment analyst Seleho Tsatsi said Sasol’s share price rise lately had been driven by continued strength in oil and chemical prices.
Is Sasol a good buy 2020?
The consensus forecast amongst investment analysts is that the share is currently undervalued and could outperform the market in the near future, meaning that Sasol shares may be a surprisingly good purchase today, especially when coupled with the good dividends generally paid out by the company.
What is the best shares to buy in South Africa?
Best Performing South African Shares to Consider Investing in…
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What shares are best to buy now?
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Did Sasol Inzalo pay dividends?
Each SIPBEE shareholder will receive R85,63 per share(less dividends withholding tax of 20%, if applicable). …
Is SSL a good stock to buy?
Sasol (NYSE:SSL) Price Target and Consensus Rating
The high price target for SSL is $13.50 and the low price target for SSL is $13.50. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus rating of “Buy.”
Is Sasol a blue chip company?
He said by the time the company completes its restructure plan by the financial 2025, Sasol would have restored its blue chip share status and a dividend paying entity with streamlined assets.
Will Sasol have a rights issue?
Sasol has ditched plans to raise capital by selling its shares cheaply. Petrochemical firm Sasol said on Monday it had decided not to pursue a rights issue of up to $2 billion (R30 billion) after significant progress in its turnaround strategy.
Why did SSL stock drop?
Shares of energy and chemical company Sasol (NYSE:SSL) are down 23.9% as of 10:30 a.m. EDT today. The sharp drop comes after the company announced plans to issue equity to help pay down its debt load.
Will Sasol pay dividends 2020?
On 10 February 2020, SSA declared an interim dividend of R17,34 per SSA ordinary share of which 2,5% will be paid to Sasol Khanyisa Public shareholders as a trickle dividend and 97,5% utilised towards the repayment of the vendor funding to Sasol Limited.
How can I buy Coca Cola shares in South Africa?
How to buy Coca-Cola Co Shares
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How can I buy SAB Zenzele shares in 2021?
If Zenzele Kabili becomes operative, it will be listed on the B-BBEE segment of the JSE on May 28 2021. From this date onwards, anyone wanting to buy shares needs to qualify as a black person and can acquire them through a JSE broker or any trading platform they may already use.