South32 Ltd 12.3% potential upside indicated by Citigroup

South32 Ltd with ticker (LON:S32) now has a potential upside of 12.3% according to Citigroup.



Citigroup set a target price of 300 GBX for the company, which when compared to the South32 Ltd share price of 263 GBX at opening today (31/01/2023) indicates a potential upside of 12.3%. Trading has ranged between 193 (52 week low) and 307 (52 week high) with an average of 367,934 shares exchanging hands daily. The market capitalisation at the time of writing is £20,757,252,105.

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.