South32 Ltd -10.1% potential downside indicated by Barclays

South32 Ltd with ticker (LON:S32) now has a potential downside of -10.1% according to Barclays.



Barclays set a target price of 200 GBX for the company, which when compared to the South32 Ltd share price of 223 GBX at opening today (28/04/2023) indicates a potential downside of -10.1%. Trading has ranged between 193 (52 week low) and 297 (52 week high) with an average of 372,295 shares exchanging hands daily. The market capitalisation at the time of writing is £19,340,122,955.

South32 Limited is a mining and metals company. Its segments include Worsley Alumina, focused on integrated bauxite mine and alumina refinery in Australia; Brazil Alumina, which operates Alumina refinery in Brazil; Brazil Aluminium, which operates Aluminium smelter in Brazil; Hillside Aluminium, which operates Aluminium smelter in South Africa; Mozal Aluminium, which operates Aluminium smelter in Mozambique; Illawarra Metallurgical Coal, which operates underground metallurgical coal mines in Australia; Australia Manganese, which is an integrated producer of manganese ore and alloy in Australia; South Africa Manganese, which is an integrated producer of manganese ore and alloy in South Africa; Cerro Matoso, which is an integrated laterite ferronickel mining and smelting complex in Colombia; Cannington, which operates silver, lead and zinc mine in Australia; Hermosa, which is engaged in base metals exploration and development option in the United States; and South Africa Energy Coal.