SOUTH32 Ltd/S (SOUHY) Upgraded to “Hold” by ValuEngine

ValuEngine upgraded shares of SOUTH32 Ltd/S (OTCMKTS:SOUHY) from a sell rating to a hold rating in a research report report published on Friday.

Separately, Zacks Investment Research cut shares of SOUTH32 Ltd/S from a buy rating to a strong sell rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of Hold and a consensus price target of $15.00.

Shares of SOUHY stock opened at $13.61 on Friday. SOUTH32 Ltd/S has a 12 month low of $11.58 and a 12 month high of $16.05. The company has a quick ratio of 2.15, a current ratio of 2.73 and a debt-to-equity ratio of 0.06.

The firm also recently announced a Semi-Annual dividend, which will be paid on Thursday, October 11th. Shareholders of record on Friday, September 14th will be issued a dividend of $0.285 per share. The ex-dividend date of this dividend is Thursday, September 13th. SOUTH32 Ltd/S’s dividend payout ratio is currently 58.33%.

SOUTH32 Ltd/S Company Profile

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, laterite ferronickel, silver, lead, and zinc.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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