According to Zacks, “South32 Limited is a resources company. The Company primarily produces alumina, aluminium, coal, manganese, nickel, silver, lead and zinc. South32 Limited is based in Perth, Australia. “
A number of other research analysts have also issued reports on SOUHY. Royal Bank of Canada upgraded SOUTH32 LTD/S from a “sector perform” rating to an “outperform” rating in a research report on Tuesday, June 16th. Goldman Sachs Group upgraded SOUTH32 LTD/S from a “neutral” rating to a “buy” rating in a research report on Tuesday, March 10th. UBS Group restated a “buy” rating on shares of SOUTH32 LTD/S in a research report on Thursday, June 25th. Finally, Jefferies Financial Group lowered SOUTH32 LTD/S from a “hold” rating to an “underperform” rating in a research report on Monday, April 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $6.75.
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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