BMO Capital analyst Alexander Pearce maintained a Hold rating on South32 (OTC:SOUHY) Limited on Friday, setting a price target of 2.1, which is approximately 78.16% below the present share price of $12.8.
Pearce expects South32 Limited to post earnings per share (EPS) of $0.00 for the fourth quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in South32, with an average price target of $2.8.
The analysts price targets range from a high of $2.8 to a low of $2.8.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $0 and a net profit of $0. The company's market cap is $11.98 billion.
According to TipRanks.com, BMO Capital analyst Alexander Pearce is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 17.2% and a 55.41% success rate.
South32 Ltd. operates as a metal and mining company. It operates through the following segments: Worsley Alumina (OTC:AWCMY), South Africa Aluminium, Mozal Aluminium, Brazil Alumina, South Africa Energy Coal, Illawarra Metallurgical Coal, Australia Manganese, South Africa Managanese, Cerro Matoso, and Cannington. The Worsley Alumina segment offers bauxite mine and alumina refinery in Western Australia. The South Africa Aluminium segment offers aluminium smelters at Richards Bay, South Africa. The Mozal Aluminium segment includes aluminium smelter in Mozambique. The Brazil Alumina segment covers alumina refinery in Brazil....
Read Full Story: https://www.investing.com/news/bmo-capital-stick-to-their-hold-rating-for-south32-limited-2690856
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
