South32 Ltd 15.5% potential upside indicated by Citigroup

South32 Ltd with ticker (LON:S32) now has a potential upside of 15.5% according to Citigroup.



Citigroup set a target price of 200 GBX for the company, which when compared to the South32 Ltd share price of 173 GBX at opening today (02/11/2023) indicates a potential upside of 15.5%. Trading has ranged between 164 (52 week low) and 278 (52 week high) with an average of 550,053 shares exchanging hands daily. The market capitalisation at the time of writing is £15,057,457,977.

South32 Limited is a mining and metals company. Its segments include 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. Worsley Alumina segment includes integrated bauxite mine and alumina refinery in Australia. Brazil Alumina segment consists of integrated bauxite mine and alumina refinery in Brazil. Brazil Aluminium segment is engaged in aluminium smelter in Brazil. Hillside Aluminium segment is focused on aluminium smelter in South Africa. Mozal Aluminium segment is engaged in aluminium smelter in Mozambique. Sierra Gorda segment is focused on copper mine in Chile. Cannington segment includes silver, lead and zinc mine in Australia. Hermosa segment includes base metals exploration and development option in the United States of America. Illawarra Metallurgical Coal segment includes metallurgical coal mines in Australia.