Analysts Set Sibanye Stillwater Limited (NYSE:SBSW) Price Target at $5.17

Shares of Sibanye Stillwater Limited (NYSE:SBSW) have received a consensus recommendation of “Reduce” from the six ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $5.17.

A number of research analysts have recently weighed in on SBSW shares. JPMorgan Chase & Co. cut their price target on shares of Sibanye Stillwater from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Wednesday, July 3rd. BMO Capital Markets lowered their target price on shares of Sibanye Stillwater from $5.00 to $4.50 and set a “market perform” rating on the stock in a research report on Friday, September 13th.

Institutional Trading of Sibanye Stillwater

Several large investors have recently modified their holdings of the company. Scarborough Advisors LLC acquired a new position in Sibanye Stillwater during the 4th quarter worth $28,000. GAMMA Investing LLC boosted its stake in Sibanye Stillwater by 62.6% during the 1st quarter. GAMMA Investing LLC now owns 8,837 shares of the company’s stock valued at $42,000 after purchasing an additional 3,401 shares during the period. Vanguard Capital Wealth Advisors acquired a new stake in Sibanye Stillwater in the 1st quarter valued at approximately $50,000. Fermata Advisors LLC acquired a new stake in Sibanye Stillwater in the 1st quarter valued at approximately $52,000. Finally, Peapack Gladstone Financial Corp bought a new position in Sibanye Stillwater in the 4th quarter worth approximately $56,000. 34.93% of the stock is owned by institutional investors.

Sibanye Stillwater Trading Down 2.1 %

Shares of SBSW opened at $4.14 on Monday. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The firm’s 50 day moving average price is $4.15 and its 200 day moving average price is $4.59. Sibanye Stillwater has a twelve month low of $3.08 and a twelve month high of $6.77.

Sibanye Stillwater Company Profile

Sibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.