South32 (LON:S32) Earns Sell Rating from Canaccord Genuity Group

South32 (LON:S32)‘s stock had its “sell” rating reissued by equities researchers at Canaccord Genuity Group in a research report issued on Thursday, MarketBeat reports. They currently have a GBX 125 ($1.66) price target on the stock. Canaccord Genuity Group’s price target indicates a potential downside of 3.85% from the company’s current price.

South32 Trading Down 0.5 %

South32 stock opened at GBX 130 ($1.73) on Thursday. South32 has a 52 week low of GBX 117 ($1.56) and a 52 week high of GBX 209.60 ($2.79). The stock has a market cap of £7.31 billion, a P/E ratio of 91.34, a price-to-earnings-growth ratio of 7.26 and a beta of 0.91. The stock has a 50 day moving average of GBX 161.61 and a 200-day moving average of GBX 173.82.

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.