SOUTH32 LTD (SOUHY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of SOUTH32 LTD (OTCMKTS:SOUHY) have earned an average rating of “Hold” from the eight brokerages that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating on the company.

Several equities research analysts recently commented on SOUHY shares. Zacks Investment Research lowered shares of SOUTH32 from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 13th. UBS Group lowered shares of SOUTH32 from a “buy” rating to a “neutral” rating in a report on Thursday, October 5th. Citigroup upgraded shares of SOUTH32 from a “neutral” rating to a “buy” rating in a report on Tuesday, December 5th. Finally, Deutsche Bank lowered shares of SOUTH32 from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th.

Shares of SOUTH32 (OTCMKTS:SOUHY) opened at $15.40 on Friday. SOUTH32 has a 1 year low of $9.20 and a 1 year high of $15.68. The company has a current ratio of 2.48, a quick ratio of 2.04 and a debt-to-equity ratio of 0.06.

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SOUTH32 Company Profile

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.

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