SOUTH32 LTD/S (OTCMKTS:SOUHY) Given Average Recommendation of “Hold” by Brokerages

SOUTH32 LTD/S (OTCMKTS:SOUHY) has received an average recommendation of “Hold” from the six analysts that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and one has assigned a buy recommendation to the company.

SOUHY has been the subject of a number of recent analyst reports. ValuEngine raised shares of Valmont Industries from a “sell” rating to a “hold” rating in a report on Friday, July 12th. HSBC set a $12.00 price objective on shares of Transocean and gave the stock a “buy” rating in a report on Monday, July 15th. BMO Capital Markets raised their price objective on shares of Accenture to $185.00 and gave the stock a “market perform” rating in a report on Friday, March 29th. Zacks Investment Research raised shares of Hallmark Financial Services from a “hold” rating to a “buy” rating and set a $16.00 price objective for the company in a report on Friday. Finally, Liberum Capital reissued a “buy” rating and set a GBX 810 ($10.58) price objective on shares of in a report on Wednesday, July 3rd.

SOUHY traded up $0.05 during trading hours on Monday, reaching $10.50. 45,472 shares of the stock traded hands, compared to its average volume of 54,270. The business’s fifty day moving average price is $11.09. The firm has a market cap of $10.71 billion, a P/E ratio of 8.26 and a beta of 0.85. SOUTH32 LTD/S has a fifty-two week low of $10.38 and a fifty-two week high of $15.14.

SOUTH32 LTD/S 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, laterite ferronickel, silver, lead, and zinc.

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