South32 Ltd. (OTCMKTS:SOUHY – Get Free Report)’s share price gapped up prior to trading on Friday . The stock had previously closed at $13.52, but opened at $14.17. South32 shares last traded at $14.09, with a volume of 1,714 shares changing hands.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on SOUHY shares. Zacks Research raised shares of South32 from a “strong sell” rating to a “hold” rating in a research note on Monday, June 22nd. Citigroup reissued a “buy” rating on shares of South32 in a research note on Tuesday, May 26th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on SOUHY
South32 Trading Up 4.2%
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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