SOUTH32 Ltd/S (SOUHY) Upgraded to “Buy” at UBS Group
UBS Group upgraded shares of SOUTH32 Ltd/S (OTCMKTS:SOUHY) from a neutral rating to a buy rating in a research note published on Thursday morning, 99wallstreet.com reports.
Several other research analysts have also issued reports on SOUHY. Zacks Investment Research raised shares of SOUTH32 Ltd/S from a sell rating to a hold rating in a research note on Thursday, November 29th. ValuEngine raised shares of SOUTH32 Ltd/S from a sell rating to a hold rating in a research note on Friday, September 14th.
Shares of OTCMKTS:SOUHY traded up $0.03 during trading on Thursday, reaching $11.15. The stock had a trading volume of 19,286 shares, compared to its average volume of 79,010. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.36 and a current ratio of 2.90. SOUTH32 Ltd/S has a 52 week low of $10.94 and a 52 week high of $16.05. The firm has a market cap of $11.66 billion, a P/E ratio of 8.78 and a beta of 1.48.
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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