South32 Ltd. (OTCMKTS:SOUHY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of South32 Ltd. (OTCMKTS:SOUHY) have been assigned an average recommendation of “Hold” from the seven analysts that are currently covering the firm, MarketBeat.com reports. Six analysts have rated the stock with a hold rating and one has assigned a strong buy rating to the company.

Several equities research analysts have recently commented on SOUHY shares. Zacks Research upgraded South32 from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Jefferies Financial Group raised shares of South32 from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 6th.

South32 Stock Down 4.6%

SOUHY opened at $15.67 on Monday. South32 has a 52 week low of $7.52 and a 52 week high of $16.76. The business has a 50 day moving average price of $12.52 and a two-hundred day moving average price of $10.62. The company has a quick ratio of 1.83, a current ratio of 2.43 and a debt-to-equity ratio of 0.15.

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.