South32 Ltd. (OTCMKTS:SOUHY – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $15.71, but opened at $15.0565. South32 shares last traded at $15.17, with a volume of 8,449 shares.
Analyst Upgrades and Downgrades
SOUHY has been the subject of a number of research analyst reports. Citigroup reaffirmed a “buy” rating on shares of South32 in a report on Tuesday, May 26th. Zacks Research cut shares of South32 from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Report on South32
South32 Stock Down 3.6%
About South32
South32 is a diversified metals and mining company headquartered in Perth, Australia. Established in May 2015 through a demerger from BHP Billiton, the company focuses on the extraction, processing and marketing of commodities that underpin global industrial and consumer demand. South32’s portfolio includes alumina, aluminum, bauxite, metallurgical coal, manganese, nickel, silver, lead and zinc, making it a key participant across several commodity markets.
The company’s operations are organized by commodity and geography.
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