South32 (OTCMKTS:SOUHY) Lifted to “Strong Sell” at Canaccord Genuity Group

Canaccord Genuity Group upgraded shares of South32 (OTCMKTS:SOUHY) to a strong sell rating in a report released on Monday morning, Zacks.com reports.

Separately, Citigroup raised shares of South32 from a hold rating to a strong-buy rating in a research report on Monday, July 22nd. One research analyst has rated the stock with a sell rating, one has issued a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and an average price target of $252.50.

South32 Stock Performance

OTCMKTS SOUHY opened at $10.14 on Monday. The company has a fifty day moving average of $11.06 and a two-hundred day moving average of $10.93. South32 has a 1 year low of $9.00 and a 1 year high of $13.34.

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.