Sasol Limited (ADR) (SSL) was Upgraded by BofA/Merrill to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. BofA/Merrill advised their investors in a research report released on Aug 16, 2016.
Many Wall Street Analysts have commented on Sasol Limited (ADR). Sasol Limited (ADR) was Upgraded by Morgan Stanley to ” Overweight” on Aug 10, 2016.
Sasol Limited (ADR) opened for trading at $28.44 and hit $28.66 on the upside on Monday, eventually ending the session at $28.42, with a gain of 0.14% or 0.04 points. The heightened volatility saw the trading volume jump to 1,66,228 shares. Company has a market cap of $18,585 M.
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.