SOUTH32 LTD/S (OTCMKTS:SOUHY) Receives Average Rating of “Hold” from Brokerages

SOUTH32 LTD/S (OTCMKTS:SOUHY) has earned a consensus rating of “Hold” from the six analysts that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and one has assigned a buy recommendation to the company.

Several research firms have recently weighed in on SOUHY. HSBC reiterated a “hold” rating on shares of SOUTH32 LTD/S in a report on Monday, July 15th. Liberum Capital upgraded SOUTH32 LTD/S from a “sell” rating to a “hold” rating in a report on Wednesday, July 3rd. Zacks Investment Research upgraded SOUTH32 LTD/S from a “sell” rating to a “hold” rating in a report on Wednesday. Finally, ValuEngine cut SOUTH32 LTD/S from a “hold” rating to a “sell” rating in a report on Friday, July 12th.

Shares of OTCMKTS:SOUHY traded down $0.06 during trading on Friday, hitting $9.34. 59,084 shares of the company’s stock traded hands, compared to its average volume of 51,076. SOUTH32 LTD/S has a 52 week low of $8.93 and a 52 week high of $15.14. The company has a market cap of $9.53 billion, a price-to-earnings ratio of 7.35 and a beta of 0.85. The company has a 50-day moving average price of $10.51 and a 200-day moving average price of $11.98.

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.

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