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 research firms that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company.

Several brokerages recently weighed in on SOUHY. Zacks Investment Research downgraded shares of SOUTH32 from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 13th. Citigroup raised shares of SOUTH32 from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 5th. Finally, Deutsche Bank cut 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 $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 debt-to-equity ratio of 0.06, a current ratio of 2.48 and a quick ratio of 2.04.

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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.

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