SOUTH32 LTD SPON ‘s (SOUHY) “Hold” Rating Reaffirmed at HSBC Holdings plc
HSBC Holdings plc reiterated their hold rating on shares of SOUTH32 LTD SPON (NASDAQ:SOUHY) in a research report report published on Friday morning, MarketBeat.com reports.
A number of other equities research analysts have also recently issued reports on SOUHY. Zacks Investment Research raised shares of SOUTH32 LTD SPON from a sell rating to a hold rating and set a $12.00 target price on the stock in a report on Friday, April 21st. Jefferies Group LLC cut shares of SOUTH32 LTD SPON from a buy rating to a hold rating in a report on Thursday, June 8th. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of Hold and an average price target of $12.00.
SOUTH32 LTD SPON (NASDAQ:SOUHY) traded up 2.94% during trading on Friday, reaching $11.21. The company’s stock had a trading volume of 105,793 shares. SOUTH32 LTD SPON has a 52 week low of $6.63 and a 52 week high of $11.41. The company’s 50 day moving average price is $9.94 and its 200 day moving average price is $10.19. The company has a market cap of $11.93 billion and a P/E ratio of 15.90.
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