South32 Ltd. (OTCMKTS:SOUHY) Given Average Rating of "Reduce" by Brokerages

South32 Ltd. (OTCMKTS:SOUHY - Get Free Report) has earned a consensus recommendation of "Reduce" from the six brokerages that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating and five have issued a hold rating on the company.

Several equities research analysts have recently commented on SOUHY shares. The Goldman Sachs Group downgraded shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Monday, July 7th. Citigroup lowered shares of South32 from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 28th. Canaccord Genuity Group upgraded South32 from a "strong sell" rating to a "hold" rating in a research report on Wednesday, April 23rd. Finally, BNP Paribas raised shares of South32 to a "neutral" rating in a research note on Wednesday, April 23rd.

South32 Trading Down 0.1%

Shares of OTCMKTS:SOUHY traded down $0.01 during trading on Monday, reaching $9.56. 72,181 shares of the stock were exchanged, compared to its average volume of 126,741. South32 has a 12-month low of $7.52 and a 12-month high of $13.04. The firm's 50-day moving average price is $9.74 and its 200 day moving average price is $9.99. The company has a quick ratio of 1.98, a current ratio of 2.83 and a debt-to-equity ratio of 0.15.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.