Sasol Limited (ADR) (SSL) is Upgraded by Citigroup to Buy

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.

Sasol Limited (ADR)

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