SOUTH32 LTD SPON (SOUHY) Given Consensus Rating of “Buy” by Analysts
SOUTH32 LTD SPON (NASDAQ:SOUHY) has received an average recommendation of “Buy” from the eight ratings firms that are currently covering the stock, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $14.00.
A number of equities analysts recently issued reports on SOUHY shares. HSBC Holdings plc reissued a “hold” rating on shares of SOUTH32 LTD SPON in a report on Friday, July 14th. Zacks Investment Research raised shares of SOUTH32 LTD SPON from a “sell” rating to a “hold” rating in a report on Tuesday, August 29th. Macquarie reaffirmed a “neutral” rating on shares of SOUTH32 LTD SPON in a report on Thursday, August 31st. Finally, Jefferies Group LLC downgraded shares of SOUTH32 LTD SPON from a “buy” rating to a “hold” rating in a report on Thursday, June 8th.
Shares of SOUTH32 LTD SPON (SOUHY) opened at 12.22 on Friday. The company has a market cap of $12.94 billion and a price-to-earnings ratio of 10.67. SOUTH32 LTD SPON has a 52-week low of $8.59 and a 52-week high of $12.90. The stock has a 50 day moving average of $11.88 and a 200 day moving average of $10.72.
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