SOUTH32 LTD (OTCMKTS:SOUHY) – Research analysts at Jefferies Group upped their FY2019 earnings per share (EPS) estimates for shares of SOUTH32 in a report issued on Thursday. Jefferies Group analyst C. Lafemina now expects that the basic materials company will post earnings of $1.40 per share for the year, up from their previous estimate of $1.30.
SOUHY has been the subject of a number of other reports. Citigroup upgraded SOUTH32 from a “neutral” rating to a “buy” rating in a research note on Tuesday, December 5th. Deutsche Bank downgraded SOUTH32 from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, Zacks Investment Research downgraded SOUTH32 from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 13th. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $15.00.
WARNING: “FY2019 Earnings Estimate for SOUTH32 LTD (SOUHY) Issued By Jefferies Group” was originally reported by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://sportsperspectives.com/2018/02/21/fy2019-earnings-estimate-for-south32-ltd-souhy-issued-by-jefferies-group.html.
South32 Limited operates as a diversified metals and mining company primarily in Australia, Southern Africa, and South America. The company has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. It also exports its products.
Receive News & Ratings for SOUTH32 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SOUTH32 and related companies with MarketBeat.com's FREE daily email newsletter.