Sasol Limited (ADR) (SSL) was Upgraded by Citigroup to ” Buy”. Earlier the firm had a rating of “Neutral ” on the company shares. Citigroup advised their investors in a research report released on Sep 14, 2016.
Many Wall Street Analysts have commented on Sasol Limited (ADR). Sasol Limited (ADR) was Upgraded by BofA/Merrill to ” Buy” on Aug 16, 2016. Sasol Limited (ADR) was Upgraded by Morgan Stanley to ” Overweight” on Aug 10, 2016.
Sasol Limited (ADR) opened for trading at $25.3 and hit $25.95 on the upside on Monday, eventually ending the session at $25.86, with a gain of 2.17% or 0.55 points. The heightened volatility saw the trading volume jump to 526,399 shares. Company has a market cap of $16,911 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.