South32 Ltd. (OTCMKTS:SOUHY – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $13.66, but opened at $14.32. South32 shares last traded at $14.27, with a volume of 4,352 shares traded.
Wall Street Analysts Forecast Growth
SOUHY has been the subject of a number of analyst reports. Citigroup restated a “buy” rating on shares of South32 in a research note on Tuesday, May 26th. Zacks Research upgraded shares of South32 from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Buy”.
Check Out Our Latest Stock Analysis on South32
South32 Stock Up 4.0%
South32 Company Profile
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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