South32 Ltd -4.6% potential downside indicated by Barclays

South32 Ltd with ticker (LON:S32) now has a potential downside of -4.6% according to Barclays.



Barclays set a target price of 250 GBX for the company, which when compared to the South32 Ltd share price of 262 GBX at opening today (09/05/2022) indicates a potential downside of -4.6%. Trading has ranged between 1 (52 week low) and 264 (52 week high) with an average of 1,038,959 shares exchanging hands daily. The market capitalisation at the time of writing is £21,503,077,121.

South32 Ltd is an Australia-based diversified mining and metals company. The Company’s segments include Worsley Alumina, focused on integrated bauxite mine and alumina refinery in Western Australia, Australia; Hillside Aluminium, which operates as an Aluminium smelter in South Africa; Mozal Aluminium, which operates as an Aluminium smelter in Mozambique; Brazil Alumina, which operates an Alumina refinery in Brazil; Illawarra Metallurgical Coal, which operates uderground metallurgical coal mines in New South Wales; Eagle Downs Metallurgical Coal engaged in exploration and development of metallurgical coal deposit in Queensland, Australia; Australia Manganese, which is an Integrated producer of manganese ore in the Northern Territory and alloy in Tasmania, Australia; Cerro Matoso, which operates laterite ferronickel mining and smelting complex in Colombia, and Australia Manganese, which is an integrated producer of manganese ore in the Northern Territory and alloy in Tasmania, Australia.