SOUTH32 LTD SPON (SOUHY) Given “Neutral” Rating at UBS AG
SOUTH32 LTD SPON (NASDAQ:SOUHY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at UBS AG in a report issued on Thursday, 99wallstreet.com reports.
A number of other equities analysts have also recently issued reports on the stock. Zacks Investment Research upgraded shares of SOUTH32 LTD SPON from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Wednesday. Macquarie restated a “neutral” rating on shares of SOUTH32 LTD SPON in a research note on Thursday, August 31st. HSBC Holdings plc restated a “hold” rating on shares of SOUTH32 LTD SPON in a research note on Friday, July 14th. Finally, Jefferies Group LLC cut shares of SOUTH32 LTD SPON from a “buy” rating to a “hold” rating in a research note on Thursday, June 8th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. SOUTH32 LTD SPON currently has an average rating of “Hold” and an average target price of $15.00.
SOUTH32 LTD SPON (NASDAQ SOUHY) traded down 0.16% on Thursday, hitting $12.79. 23,177 shares of the stock traded hands. SOUTH32 LTD SPON has a 12-month low of $9.04 and a 12-month high of $13.39. The firm has a market cap of $13.31 billion and a price-to-earnings ratio of 11.17. The stock has a 50-day moving average of $12.29 and a 200-day moving average of $10.97.
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