South32 Limited (OTCMKTS:SOUHY) Receives $215.00 Consensus PT from Brokerages

Shares of South32 Limited (OTCMKTS:SOUHY – Get Rating) have received an average rating of “Moderate Buy” from the ten ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $215.00.

Several equities research analysts have recently commented on SOUHY shares. Deutsche Bank Aktiengesellschaft boosted their target price on shares of South32 from GBX 250 ($3.11) to GBX 255 ($3.17) in a research report on Thursday, March 30th. BNP Paribas upgraded shares of South32 from a “neutral” rating to an “outperform” rating in a research note on Monday, February 13th. Macquarie upgraded shares of South32 from a “neutral” rating to an “outperform” rating in a research note on Tuesday, March 28th. Finally, The Goldman Sachs Group upgraded shares of South32 from a “neutral” rating to a “buy” rating in a research note on Tuesday, April 11th.

South32 Price Performance

OTCMKTS:SOUHY opened at $12.99 on Wednesday. The firm has a 50-day moving average of $14.00 and a 200-day moving average of $14.49. South32 has a one year low of $11.05 and a one year high of $18.64.

South32 Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, April 6th. Investors of record on Friday, March 10th were issued a dividend of $0.215 per share. This represents a yield of 6.63%. The ex-dividend date of this dividend was Thursday, March 9th.

South32 Company Profile

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South32 Ltd. operates as a metal and mining company. It operates through the following segments: Worsley Alumina, Hillside Aluminium, Mozal Aluminium, Brazil Alumina, South Africa Energy Coal, Illawarra Metallurgical Coal, Eagle Downs Metallurgical Coal, Australia Manganese, South Africa Managanese, Cerro Matoso, Cannington, and Hermosa.