SOUTH32 LTD/S (OTCMKTS:SOUHY) Rating Lowered to Sell at ValuEngine

SOUTH32 LTD/S (OTCMKTS:SOUHY) was downgraded by investment analysts at ValuEngine from a “hold” rating to a “sell” rating in a note issued to investors on Friday, ValuEngine reports.

SOUHY has been the subject of a number of other research reports. Liberum Capital reissued a “buy” rating and set a GBX 810 ($10.58) price objective on shares of in a research note on Wednesday, July 3rd. Zacks Investment Research upgraded HB Fuller from a “sell” rating to a “hold” rating in a report on Tuesday, June 11th. Finally, BMO Capital Markets upped their target price on Accenture to $185.00 and gave the company a “market perform” rating in a report on Friday, March 29th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. SOUTH32 LTD/S presently has a consensus rating of “Hold” and a consensus price target of $15.00.

Shares of OTCMKTS:SOUHY traded up $0.07 during trading on Friday, reaching $10.88. 38,878 shares of the company traded hands, compared to its average volume of 46,797. The stock has a market capitalization of $10.81 billion, a price-to-earnings ratio of 8.57 and a beta of 0.85. SOUTH32 LTD/S has a 52-week low of $10.55 and a 52-week high of $15.14. The firm’s fifty day simple moving average is $11.25.

SOUTH32 LTD/S Company Profile

South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, laterite ferronickel, silver, lead, and zinc.

Featured Article: What is a Swap?

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for SOUTH32 LTD/S Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SOUTH32 LTD/S and related companies with MarketBeat.com's FREE daily email newsletter.