SOUTH32 LTD SPON (SOUHY) Receives Average Recommendation of “Hold” from Brokerages
Shares of SOUTH32 LTD SPON (NASDAQ:SOUHY) have earned an average rating of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $15.00.
SOUHY has been the topic of several recent research reports. Zacks Investment Research upgraded SOUTH32 LTD SPON from a “hold” rating to a “buy” rating and set a $14.00 price target on the stock in a research report on Saturday, September 16th. HSBC Holdings plc restated a “hold” rating on shares of SOUTH32 LTD SPON in a research report on Friday, July 14th. UBS AG restated a “neutral” rating on shares of SOUTH32 LTD SPON in a research report on Thursday, October 5th. Finally, Macquarie reiterated a “neutral” rating on shares of SOUTH32 LTD SPON in a research report on Thursday, August 31st.
Shares of SOUTH32 LTD SPON (NASDAQ:SOUHY) opened at 12.55 on Thursday. The stock’s 50 day moving average price is $12.40 and its 200 day moving average price is $11.04. SOUTH32 LTD SPON has a 12-month low of $9.04 and a 12-month high of $13.39. The company has a market capitalization of $13.06 billion and a PE ratio of 10.96.
About SOUTH32 LTD SPON
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