A statement released earlier today by Jefferies International about South32 Limited (LON:S32) bumps the target price to 130.00GBX
- Updated: September 19, 2016
In a report released on 9/20/2016 Jefferies International upped the target price of South32 Limited (LON:S32) from 110GBX to 130GBX reporting a possible upside of 0.08%.
Boasting a price of 120.00GBX, South32 Limited (LON:S32) traded 2.84% higher on the day. The last close is up 44.78% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. S32 has been tracking to a 50-day average of 117.73GBX and two hundred day average of 93.93GBX. Trading volume was was down over the average, with 139,816 shares of S32 changing hands under the typical 2,850,310 shares.
See Graph Below:
South32 Limited has a 52 week low of 41.25GBX and a one-year high of 170.25GBX and has a market capitalization of 0.0 GBX.
In addition to Jefferies International reporting it’s price target, a total of 13 brokerages have released a report on S32. The consensus target is 1.10GBX with one firm rating the company a strong buy, two firms rating the stock a buy, nine analyts rating the stock a hold, one brokerage rating the company to underperform, and finally one analystrating the stock as sell.
General Company Details For South32 Limited (LON:S32)
South32 Limited is an Australia-based metals and mining company. The Company operates through segments, which include Worsley Alumina segment has a bauxite mine and alumina refinery in Western Australia; South Africa Aluminum segment has two aluminum smelters at Richards Bay; Mozal Aluminium segment has Aluminum smelter in Mozambique; Brazil Aluminium segment has Alumina refinery and aluminum smelter in Brazil; South Africa Energy Coal segment has energy coal mines and processing operations in South Africa; Illawarra Metallurgical Coal segment has metallurgical coal mines in southern New South Wales; Australia Manganese segment, a producer of manganese ore in the Northern Territory and manganese alloys in Tasmania; South Africa Manganese segment is a producer of manganese ore and alloy in South Africa; Cerro Matoso segment has laterite ferronickel mining and smelting complex in northern Colombia, and Cannington segment is a silver, and lead and zinc mine located in northwest Queensland.
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