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

Shares of SOUTH32 LTD/S (OTCMKTS:SOUHY) have earned a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company.

Several research analysts recently commented on the company. ValuEngine cut SOUTH32 LTD/S from a “hold” rating to a “sell” rating in a research report on Friday, July 12th. HSBC reissued a “hold” rating on shares of SOUTH32 LTD/S in a research report on Monday, July 15th. Liberum Capital raised SOUTH32 LTD/S from a “sell” rating to a “hold” rating in a research report on Wednesday, July 3rd. Finally, Zacks Investment Research raised SOUTH32 LTD/S from a “sell” rating to a “hold” rating in a research report on Wednesday.

OTCMKTS SOUHY traded up $0.29 during trading hours on Friday, hitting $9.66. 55,525 shares of the company traded hands, compared to its average volume of 50,382. The stock has a 50-day simple moving average of $10.61. SOUTH32 LTD/S has a twelve month low of $8.93 and a twelve month high of $15.14. The stock has a market cap of $10.01 billion, a PE ratio of 7.60 and a beta of 0.85.

About SOUTH32 LTD/S

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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