South32 Ltd. (SOUHY) Receives Consensus Recommendation of “Hold” from Analysts

South32 Ltd. (OTCMKTS:SOUHY) has been assigned a consensus recommendation of “Hold” from the nine brokerages that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $15.00.

Several research firms recently weighed in on SOUHY. UBS restated a “neutral” rating on shares of South32 in a report on Thursday, October 5th. Macquarie restated a “neutral” rating on shares of South32 in a report on Thursday, August 31st. Deutsche Bank downgraded South32 from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Zacks Investment Research upgraded South32 from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Saturday, September 16th. Finally, ValuEngine downgraded South32 from a “strong-buy” rating to a “buy” rating in a report on Friday, September 1st.

Shares of South32 (OTCMKTS SOUHY) opened at $12.20 on Friday. South32 has a 52-week low of $9.20 and a 52-week high of $13.94. The company has a current ratio of 2.48, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06.

COPYRIGHT VIOLATION NOTICE: This report was published by American Banking News and is the sole property of of American Banking News. If you are viewing this report on another website, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The original version of this report can be viewed at https://www.americanbankingnews.com/2017/12/02/south32-ltd-souhy-receives-consensus-recommendation-of-hold-from-analysts.html.

About South32

South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. It also exports its products.

Analyst Recommendations for South32 (OTCMKTS:SOUHY)

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.

Leave a Reply