Sibanye Stillwater Limited (NYSE:SBSW) Receives $6.00 Consensus PT from Analysts

Shares of Sibanye Stillwater Limited (NYSE:SBSW) have been given an average recommendation of “Reduce” by the six research firms that are presently covering the firm, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating on the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $6.00.

SBSW has been the subject of several analyst reports. Jefferies Financial Group cut Sibanye Stillwater from a “buy” rating to a “sell” rating in a research note on Wednesday, March 13th. Royal Bank of Canada cut their target price on shares of Sibanye Stillwater from $6.00 to $5.00 and set a “sector perform” rating on the stock in a research note on Friday, March 1st.

Institutional Trading of Sibanye Stillwater

A number of institutional investors have recently bought and sold shares of SBSW. Scarborough Advisors LLC purchased a new stake in Sibanye Stillwater during the fourth quarter worth approximately $28,000. GAMMA Investing LLC purchased a new stake in shares of Sibanye Stillwater during the 4th quarter worth approximately $30,000. Vanguard Capital Wealth Advisors acquired a new position in shares of Sibanye Stillwater in the 1st quarter valued at $50,000. Fermata Advisors LLC purchased a new position in shares of Sibanye Stillwater in the 1st quarter valued at $52,000. Finally, Gunderson Capital Management Inc. acquired a new stake in Sibanye Stillwater during the 4th quarter worth $54,000. 34.93% of the stock is owned by hedge funds and other institutional investors.

Sibanye Stillwater Stock Up 0.7 %

Shares of SBSW opened at $4.91 on Friday. The company has a quick ratio of 0.97, a current ratio of 1.70 and a debt-to-equity ratio of 0.49. Sibanye Stillwater has a fifty-two week low of $3.85 and a fifty-two week high of $9.88. The firm’s 50 day moving average price is $4.76 and its 200 day moving average price is $4.84.

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.