South32 Ltd. (OTCMKTS:SOUHY – Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $16.89 and last traded at $16.61, with a volume of 1953 shares trading hands. The stock had previously closed at $16.32.
Analyst Upgrades and Downgrades
Several analysts have weighed in on SOUHY shares. Zacks Research raised South32 from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Citigroup reiterated a “neutral” rating on shares of South32 in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold”.
Read Our Latest Report on SOUHY
South32 Trading Up 1.6%
South32 Company Profile
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.
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