ValuEngine downgraded shares of South32 (OTCMKTS:SOUHY) from a buy rating to a hold rating in a report issued on Tuesday.

A number of other brokerages have also recently issued reports on SOUHY. Goldman Sachs Group initiated coverage on shares of South32 in a report on Monday, April 16th. They set a buy rating on the stock. Zacks Investment Research cut shares of South32 from a hold rating to a strong sell rating in a report on Friday, February 23rd. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of Hold and a consensus target price of $15.00.

Shares of SOUHY stock opened at $13.96 on Tuesday. The company has a current ratio of 2.73, a quick ratio of 2.15 and a debt-to-equity ratio of 0.06. South32 has a 1 year low of $9.43 and a 1 year high of $16.05. The firm has a market cap of $14.06 billion, a price-to-earnings ratio of 12.93 and a beta of 1.76.

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for South32 (OTCMKTS:SOUHY)

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