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.
Stock Price Forecast
The 8 analysts offering 12-month price forecasts for Sasol Ltd have a median target of 20.67, with a high estimate of 29.58 and a low estimate of 14.39. The median estimate represents a -8.07% decrease from the last price of 22.49.
There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Sasol stock.
“The higher prices were due to a combination of improved demand, higher oil prices and reduced market supply from continued global supply chain challenges attributable to the Covid-19 pandemic.” It said in the first half of 2022 it had divested from its Canadian Montney shale gas assets, as well as other small assets, ...
Sasol cut debt from R190 billion to R103 billion during the 2021 financial year, but held off declaring a dividend as the company continues to optimise its business, which has been hit by various global economic pressures and the effects of Covid-19.
Anyone can purchase shares on the exchange and any amount can be invested. Our share price is available on our website: www.sasol.com. Note however that buying of shares can only be executed via a stockbroker.
100 Sasol Khanyisa Public shares, funded by Sasol; and. a further 10 SOLBE1 shares, worth R3 300 based on a share price of R330 per share (value will depend on actual share price).
In SA, Sasol shareholders benefitted nicely. The share price increased more than 30% since September 20, from around R220 to R294. Ironically, it is the relentless lobbying by environmentalists that is pushing the oil price higher, causing the rush into oil shares, and making investors rich.
Sasol last declared an interim dividend announced in March 2019. Sasol's board is aiming for a minimal payout of 2.8 times or 36% of core headline earnings per share - but only when the net debt to ebitda ratio is 1.5 times and the absolute debt level is below $5 billion.
To sell your SOLBE1 shares you need to contact Computershare by telephone or in person and ask them to place a sell instruction. A call centre agent will verify your account details and the number of shares you hold, the sale process will then commence.
The financial health and growth prospects of SSL, demonstrate its potential to outperform the market. It currently has a Growth Score of A. Recent price changes and earnings estimate revisions indicate this stock lacks momentum and would be a lackluster choice for momentum investors.
The Top 40 index is the 40 biggest companies on the JSE, ranked by market capitalisation, or market cap. The market cap of a company is the number of shares outstanding times the current share price.
STEP 1: Login to Online Banking using your username and password. STEP 2: Select the Shares + Gold tab. STEP 3: Your existing Share Investment Accounts will be displayed. Select the Share Builder account that you would like to use to purchase shares.
The JSE is home to some of the world's top dividend stocks.
In September 2018 when Sasol Inzalo comes to an end, your SIPBEE shares will cease to exist as these shares will be delisted from the Johannesburg Securities Exchange (JSE). ... Based on the current share price there is not likely to be any value distributed to shareholders after the funding has been settled.
SSA is Sasol Limited's largest operating company and houses the synthetic fuels, chemicals, and gas operations, which are strong, cash-generating assets. ... This funding will be paid off using dividends declared by SSA over the maturity period of up to 10 years.
Johannesburg, South Africa – Sasol's Group Technology announced that they have signed partnership framework agreements with the Engineering Contractors (ECs) Wood South Africa (Pty) Ltd and Worley Matasis (Pty) Ltd on 22 January 2020.