South32 Ltd. (OTC:SOUHY) – Jefferies Group upped their FY2019 earnings per share (EPS) estimates for shares of South32 in a research note issued on Thursday. Jefferies Group analyst C. Lafemina now anticipates that the company will earn $1.05 per share for the year, up from their prior estimate of $1.00. Jefferies Group has a “Hold” rating on the stock. Jefferies Group also issued estimates for South32’s FY2020 earnings at $1.15 EPS.

Separately, HSBC Holdings plc downgraded shares of South32 from a “buy” rating to a “hold” rating in a report on Friday, July 14th.

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Shares of South32 (SOUHY) traded down 0.17% on Monday, hitting $11.45. The stock had a trading volume of 963 shares. The stock has a market cap of $12.13 billion, a PE ratio of 10.00 and a beta of 1.63. South32 has a one year low of $7.11 and a one year high of $12.06. The company’s 50 day moving average is $11.39 and its 200 day moving average is $10.49.

South32 Company Profile

South32 Limited operates as a diversified metals and mining company primarily in Australia, South America, and Southern Africa. It has a portfolio of assets producing alumina, aluminum, bauxite, energy and metallurgical coal, manganese ore and alloy, ferronickel, silver, lead, and zinc. South32 Limited also exports its products.

Earnings History and Estimates for South32 (OTC:SOUHY)

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