Canaccord Genuity Group Reiterates Sell Rating for South32 (LON:S32)

Canaccord Genuity Group restated their sell rating on shares of South32 (LON:S32) in a report issued on Thursday, Marketbeat Ratings reports. The firm currently has a GBX 125 ($1.66) price target on the stock.

South32 Trading Down 0.5 %

Shares of LON:S32 opened at GBX 130 ($1.72) on Thursday. The stock has a market capitalization of £7.31 billion, a PE ratio of 91.34, a P/E/G ratio of 7.26 and a beta of 0.91. South32 has a 1 year low of GBX 117 ($1.55) and a 1 year high of GBX 209.60 ($2.78). The firm has a fifty day moving average price of GBX 162.48 and a 200 day moving average price of GBX 174.24.

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.