Sibanye Stillwater Limited (NYSE:SBSW) Receives Average Rating of “Reduce” from Brokerages

Shares of Sibanye Stillwater Limited (NYSE:SBSWGet Free Report) have been assigned a consensus rating of “Reduce” from the seven ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 1-year target price among analysts that have covered the stock in the last year is $4.98.

SBSW has been the subject of several recent research reports. Hsbc Global Res lowered shares of Sibanye Stillwater from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 4th. HSBC lowered Sibanye Stillwater from a “buy” rating to a “hold” rating and set a $4.40 price objective on the stock. in a research report on Monday, November 4th. Finally, Investec downgraded Sibanye Stillwater from a “buy” rating to a “hold” rating in a research report on Friday, October 18th.

Check Out Our Latest Report on SBSW

Institutional Trading of Sibanye Stillwater

A number of hedge funds and other institutional investors have recently made changes to their positions in SBSW. Creative Financial Designs Inc. ADV grew its position in shares of Sibanye Stillwater by 40.7% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 7,600 shares of the company’s stock worth $31,000 after acquiring an additional 2,200 shares in the last quarter. Blue Trust Inc. lifted its position in shares of Sibanye Stillwater by 1,931.5% in the 3rd quarter. Blue Trust Inc. now owns 9,345 shares of the company’s stock worth $41,000 after buying an additional 8,885 shares during the last quarter. Blankinship & Foster LLC acquired a new position in shares of Sibanye Stillwater in the 3rd quarter valued at about $41,000. Signaturefd LLC grew its position in shares of Sibanye Stillwater by 24.9% during the 3rd quarter. Signaturefd LLC now owns 11,236 shares of the company’s stock valued at $46,000 after buying an additional 2,241 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Sibanye Stillwater during the third quarter worth about $46,000. Institutional investors own 34.93% of the company’s stock.

Sibanye Stillwater Price Performance

NYSE SBSW opened at $3.50 on Friday. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. Sibanye Stillwater has a 1-year low of $3.08 and a 1-year high of $5.93. The business’s 50-day simple moving average is $3.84 and its 200-day simple moving average is $4.16.

Sibanye Stillwater Company Profile

(Get Free Report

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.

Further Reading

Analyst Recommendations for Sibanye Stillwater (NYSE:SBSW)

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