South32 Ltd 9.6% potential upside indicated by Citigroup

South32 Ltd with ticker (LON:S32) now has a potential upside of 9.6% according to Citigroup.



Citigroup set a target price of 270 GBX for the company, which when compared to the South32 Ltd share price of 244 GBX at opening today (20/09/2022) indicates a potential upside of 9.6%. Trading has ranged between 2 (52 week low) and 244 (52 week high) with an average of 661,968 shares exchanging hands daily. The market capitalisation at the time of writing is £18,606,288,511.

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.