South32 Ltd -6.0% potential downside indicated by Barclays

South32 Ltd with ticker (LON:S32) now has a potential downside of -6.0% according to Barclays.



Barclays set a target price of 250 GBX for the company, which when compared to the South32 Ltd share price of 265 GBX at opening today (20/05/2022) indicates a potential downside of -6.0%. Trading has ranged between 1 (52 week low) and 271 (52 week high) with an average of 942,634 shares exchanging hands daily. The market capitalisation at the time of writing is £21,921,061,985.

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.