SOUTH32 Ltd/S (SOUHY) Given Consensus Recommendation of “Hold” by Analysts
Shares of SOUTH32 Ltd/S (OTCMKTS:SOUHY) have received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the company.
SOUHY has been the topic of several research reports. Zacks Investment Research raised SOUTH32 Ltd/S from a “sell” rating to a “hold” rating in a research note on Friday, June 8th. ValuEngine lowered SOUTH32 Ltd/S from a “hold” rating to a “sell” rating in a research note on Friday, August 17th.
SOUHY traded down $0.27 during mid-day trading on Friday, hitting $14.69. 72,965 shares of the stock were exchanged, compared to its average volume of 47,701. SOUTH32 Ltd/S has a 1-year low of $11.58 and a 1-year high of $16.05. The firm has a market cap of $14.29 billion, a price-to-earnings ratio of 13.60 and a beta of 1.56.
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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