South32 Limited (LON:S32 – Get Free Report)’s stock price traded down 0.4% on Tuesday . The stock traded as low as GBX 203.80 and last traded at GBX 203.80. Approximately 206,634 shares were traded during mid-day trading, a decline of 77% from the average session volume of 903,468 shares. The stock had previously closed at GBX 204.60.
Analyst Upgrades and Downgrades
A number of analysts have recently issued reports on the stock. Citigroup raised their price target on shares of South32 from GBX 3,000 to GBX 3,200 and gave the stock a “buy” rating in a report on Monday, June 8th. Jefferies Financial Group reiterated a “buy” rating and issued a GBX 300 price objective on shares of South32 in a research report on Wednesday. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of GBX 1,210.
Read Our Latest Stock Report on South32
South32 Trading Down 5.8%
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. It has a portfolio of assets producing bauxite, alumina, aluminum, copper, silver, lead, zinc, nickel, metallurgical coal, manganese, ferronickel, and other base metals.
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