UBS AG Reaffirms Neutral Rating for SOUTH32 LTD SPON (SOUHY)
UBS AG reiterated their neutral rating on shares of SOUTH32 LTD SPON (NASDAQ:SOUHY) in a research note published on Thursday morning, 99wallstreet.com reports.
A number of other analysts also recently issued reports on the stock. Zacks Investment Research upgraded shares of SOUTH32 LTD SPON from a hold rating to a buy rating and set a $15.00 price objective on the stock in a report on Wednesday. Jefferies Group LLC downgraded shares of SOUTH32 LTD SPON from a buy rating to a hold rating in a report on Thursday, June 8th. HSBC Holdings plc reiterated a hold rating on shares of SOUTH32 LTD SPON in a report on Friday, July 14th. Finally, Macquarie reiterated a neutral rating on shares of SOUTH32 LTD SPON in a report on Thursday, August 31st. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of $15.00.
SOUTH32 LTD SPON (NASDAQ:SOUHY) traded up 0.16% on Thursday, reaching $12.83. 60,051 shares of the company’s stock traded hands. The stock’s 50 day moving average is $12.32 and its 200 day moving average is $10.99. The firm has a market cap of $13.36 billion and a price-to-earnings ratio of 11.21. SOUTH32 LTD SPON has a 52-week low of $9.04 and a 52-week high of $13.39.
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