Citigroup downgraded shares of South32 (LON:S32) to a neutral rating in a research note published on Thursday morning. The brokerage currently has GBX 220 ($2.98) price target on the stock, up from their prior price target of GBX 210 ($2.85).

A number of other equities analysts have also commented on the stock. Barclays reaffirmed an overweight rating on shares of South32 in a research report on Thursday. Deutsche Bank raised their price target on shares of South32 from GBX 170 ($2.31) to GBX 180 ($2.44) and gave the stock a sell rating in a research report on Monday, January 15th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 180 ($2.44) price target on shares of South32 in a research report on Wednesday, November 15th. Liberum Capital reaffirmed a sell rating and set a GBX 150 ($2.03) price target on shares of South32 in a research report on Friday, November 10th. Finally, Macquarie reaffirmed a neutral rating and set a GBX 200 ($2.71) price target on shares of South32 in a research report on Friday, October 20th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus target price of GBX 193.20 ($2.62).

South32 (LON S32) traded up GBX 3.20 ($0.04) during trading hours on Thursday, reaching GBX 221.60 ($3.01). South32 has a 1 year low of GBX 143.25 ($1.94) and a 1 year high of GBX 236 ($3.20).

ILLEGAL ACTIVITY WARNING: This news story was posted by Watch List News and is the property of of Watch List News. If you are accessing this news story on another website, it was stolen and republished in violation of U.S. & international copyright laws. The correct version of this news story can be read at

South32 Company Profile

South32 Limited is a metals and mining company. The Company’s segments include Worsley Alumina, which includes an integrated bauxite mine and alumina refinery in Western Australia; South Africa Aluminium, which includes an aluminum smelter in Richards Bay; Brazil Alumina, which includes an alumina refinery in Brazil; Mozal Aluminium, including an aluminum smelter in Mozambique; South Africa Energy Coal, including open-cut and underground energy coal mines and processing operations in South Africa; Illawarra Metallurgical Coal, which includes underground metallurgical coal mines in New South Wales; Australia Manganese, which produces manganese ore in the Northern Territory and manganese alloys in Tasmania; South Africa Manganese, which produces manganese ore and alloy in South Africa; Cerro Matoso, including an integrated laterite ferronickel mining and smelting complex in Colombia, and Cannington, including silver, lead and zinc mine in Queensland.

Analyst Recommendations for South32 (LON:S32)

Receive News & Ratings for South32 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 and related companies with's FREE daily email newsletter.