Shares of South32 Ltd (LON:S32) have earned a consensus recommendation of “Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is GBX 213.33 ($2.79).
Several equities research analysts recently issued reports on the stock. UBS Group restated a “neutral” rating on shares of South32 in a research report on Friday, October 18th. Barclays reissued an “overweight” rating on shares of South32 in a research note on Wednesday, October 30th. Jefferies Financial Group dropped their price target on shares of South32 from GBX 200 ($2.61) to GBX 170 ($2.22) and set a “hold” rating for the company in a research report on Friday, October 11th. Finally, Deutsche Bank reissued a “buy” rating on shares of South32 in a research note on Friday, August 23rd.
Shares of S32 stock opened at GBX 133.68 ($1.75) on Friday. The company has a current ratio of 2.02, a quick ratio of 1.34 and a debt-to-equity ratio of 8.89. South32 has a twelve month low of GBX 128.74 ($1.68) and a twelve month high of GBX 215.80 ($2.82). The company’s 50-day moving average price is GBX 138.88 and its 200-day moving average price is GBX 157.32. The stock has a market cap of $6.64 billion and a price-to-earnings ratio of 17.59.
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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