South32 (OTCMKTS:SOUHY) Price Target Raised to GBX 265 at Deutsche Bank Aktiengesellschaft

South32 (OTCMKTS:SOUHYGet Rating) had its price objective hoisted by Deutsche Bank Aktiengesellschaft from GBX 250 ($3.05) to GBX 265 ($3.23) in a research note issued to investors on Tuesday morning, The Fly reports.

Other analysts have also issued research reports about the company. The Goldman Sachs Group lowered South32 from a buy rating to a neutral rating in a report on Monday, October 10th. Barclays cut their price objective on South32 from GBX 193 ($2.35) to GBX 170 ($2.07) in a report on Friday, October 21st. JPMorgan Chase & Co. raised South32 from a neutral rating to an overweight rating in a report on Tuesday, December 13th. Finally, Citigroup lowered South32 from a buy rating to a neutral rating in a report on Tuesday, September 13th.

South32 Trading Up 0.4 %

South32 stock opened at $15.46 on Tuesday. The stock has a fifty day simple moving average of $13.72 and a two-hundred day simple moving average of $13.25. South32 has a 12 month low of $11.05 and a 12 month high of $20.48. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.24 and a quick ratio of 1.72.

About South32

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South32 Limited operates as a diversified metals and mining company in Australia, Southern Africa, North America, and South America. 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.

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