Should Investors Be Buying South32 (SOUHY) Stock Following Today’s Exane BNP Paribas Upgrade?

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South32 (SOUHY) Stock Upgrade

In an analyst note issued on 16 December, professional analysts at the Exane BNP Paribas research division upgraded shares of South32 (SOUHY) stock from a “Neutral” to a respectable “Outperform” rating.

Approximately 11,768 shares of stock traded hands. SOUTH32 LTD SPON ADR EA REPR 5 ORD (SOUHY) has risen 6.00% since November 16, 2015 and is uptrending. It has outperformed by 8.62% the S&P500.

 Should Investors Be Buying South32 (SOUHY) Stock Following Today’s Exane BNP Paribas Upgrade?

According to Zacks Investment Research, “South32 Limited is a resources company. The Company primarily produces alumina, aluminium, coal, manganese, nickel, silver, lead and zinc. South32 Limited is based in Perth, Australia.”

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