South32 Limited (LON:S32 – Get Free Report)’s stock price fell 4.8% during mid-day trading on Tuesday . The company traded as low as GBX 168.54 ($2.16) and last traded at GBX 169.30 ($2.17). 251,894 shares were traded during trading, a decline of 20% from the average session volume of 316,351 shares. The stock had previously closed at GBX 177.80 ($2.27).
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the stock. Canaccord Genuity Group increased their target price on shares of South32 from GBX 120 ($1.54) to GBX 125 ($1.60) and gave the stock a “sell” rating in a research report on Tuesday, February 11th. Canaccord Genuity Group reissued a “sell” rating and issued a GBX 120 ($1.54) price objective on shares of South32 in a research report on Friday, December 13th. Finally, Citigroup downgraded shares of South32 to a “neutral” rating in a research note on Thursday, December 12th.
View Our Latest Stock Analysis on S32
South32 Stock Performance
About South32
South32 Limited operates as a diversified metals and mining company in Australia, India, China, Japan, the Middle East, Mozambique, the Netherlands, Brazil, Russia, South Africa, South Korea, the United States, and internationally. The company operates through Worsley Alumina, Brazil Alumina, Brazil Aluminium, Hillside Aluminium, Mozal Aluminium, Sierra Gorda, Cannington, Hermosa, Cerro Matoso, Illawarra Metallurgical Coal, Australia Manganese, and South Africa Manganese segments.
Read More
- Five stocks we like better than South32
- 3 Grocery Stocks That Are Proving They Are Still Essential
- GitLab: Get In While It’s Down—Big Rebound Ahead
- Options Trading – Understanding Strike Price
- Tesla Stock: Finding a Bottom May Take Time
- Want to Profit on the Downtrend? Downtrends, Explained.
- Duolingo: This Beaten-Down Stock Is About to Rally 38%
Receive News & Ratings for South32 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South32 and related companies with MarketBeat.com's FREE daily email newsletter.