SOUTH32 LTD (SOUHY) Given Consensus Rating of “Hold” by Brokerages

SOUTH32 LTD (OTCMKTS:SOUHY) has been assigned a consensus recommendation of “Hold” from the eight brokerages that are covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company.

SOUHY has been the topic of a number of research analyst reports. Deutsche Bank downgraded shares of SOUTH32 from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Citigroup raised shares of SOUTH32 from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 5th. Finally, Zacks Investment Research downgraded shares of SOUTH32 from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 13th.

Shares of SOUTH32 (SOUHY) opened at $14.94 on Thursday. SOUTH32 has a 52 week low of $9.20 and a 52 week high of $16.05. 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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