Equities Analysts Issue Forecasts for South32 Ltd.’s FY2018 Earnings (SOUHY)
South32 Ltd. (OTC:SOUHY) – Jefferies Group raised their FY2018 earnings per share estimates for South32 in a note issued to investors on Thursday. Jefferies Group analyst C. Lafemina now anticipates that the company will post earnings per share of $1.25 for the year, up from their prior estimate of $0.90. Jefferies Group also issued estimates for South32’s FY2019 earnings at $1.35 EPS.
COPYRIGHT VIOLATION WARNING: This story was originally posted by American Banking News and is owned by of American Banking News. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://www.americanbankingnews.com/2017/10/16/equities-analysts-issue-forecasts-for-south32-ltd-s-fy2018-earnings-souhy.html.
SOUHY has been the topic of a number of other research reports. HSBC Holdings plc lowered South32 from a “buy” rating to a “hold” rating in a research note on Friday, July 14th. ValuEngine lowered South32 from a “strong-buy” rating to a “buy” rating in a research note on Friday, September 1st. UBS AG lowered South32 from a “buy” rating to a “neutral” rating in a research note on Thursday, October 5th. Finally, Macquarie lowered South32 from an “outperform” rating to a “neutral” rating in a research note on Thursday, August 31st. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The company has a consensus rating of “Hold”.
Shares of South32 (SOUHY) opened at 12.88 on Monday. The firm has a 50-day moving average price of $12.50 and a 200-day moving average price of $11.08. The company has a market capitalization of $13.41 billion, a PE ratio of 11.25 and a beta of 1.67. South32 has a 1-year low of $9.20 and a 1-year high of $13.39.
South32 Limited operates as a diversified metals and mining company primarily in Australia, South America, and Southern Africa. It has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. South32 Limited also exports its products.
Receive News & Ratings for South32 Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.