Sigma Healthcare, TechnologyOne, South32 shares: Buy, hold, or sell?

Experts provide their views on three big names in the marketplace today.

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S&P/ASX 200 Index (ASX: XJO) shares closed higher on Tuesday, up 0.92% to 8,941.6 points.

In this article, three experts provide their views on three big names in the marketplace today.

South32 Ltd (ASX: S32)

The South32 share price closed at $4.50 on Tuesday, up 2.51%, after hitting a 52-week high of $4.54.

Morgans has a buy rating on this diversified ASX 200 mining share with a 12-month price target of $5.

The broker increased its price target from $4.50 after South32 released its 2Q FY26 update last week.

Morgans said South32 achieved a modest beat on consensus expectations for operations, supported by strong alumina and silver output.

The broker commented:

FY26 guidance on operated assets unchanged, Brazil Aluminium under review.

We have applied updated house precious metal forecasts to our estimates.

Post-Illawarra divestment, S32 is ~90% base metal producer with limited execution risk (ex-Hermosa) and enjoying a healthy (and material) upgrade cycle from copper, aluminium and silver prices.

Positioned to benefit from the upcycle, we maintain our BUY rating with a A$5.00 Target Price (was A$4.30).

Sigma Healthcare Ltd (ASX: SIG)

The Sigma Healthcare share price closed at $3.09 on Tuesday, up 0.98%.

On The Bull this week, Remo Greco from Sanlam Private Wealth revealed a hold rating on this ASX 200 healthcare share.

Greco explained:

At its recent annual general meeting, this retail pharmacy franchisor and pharmaceutical wholesaler announced it would continue to roll out new stores domestically and internationally. It would revitalise the Amcal and Discount Drug Store brands.

Chemist Warehouse network sales were up 17.9 per cent in the first quarter of 2026 and like-for-like sales were up 14.7 per cent.

So far, SIG appears to be delivering on its lofty expectations.

Technology One Ltd (ASX: TNE)

The Technology One share price closed at $27.11, down 0.26% today.

Stuart Bromley from Medallion Financial Group has a hold rating on this ASX 200 tech share.

Bromley described the company as a high quality, recurring revenue software business with product depth and customer loyalty.

However, he noted the share price pullback, with Technology One losing 31% of its value over six months.

Bromley commented:

Near term momentum has been lacklustre, with growth rates moderating.

The share price pull-back leaves TNE as a hold, or even presents an opportunity to accumulate a longer term powerhouse during a period of sector- wide re-pricing.

TNE remains a structural leader in enterprise applications and we don't see this market strength ceasing any time soon.

Motley Fool contributor Bronwyn Allen has positions in South32. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Technology One. The Motley Fool Australia has recommended Technology One. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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