Sibanye Gold Limited (NYSE:SBSW) Receives $5.05 Consensus PT from Brokerages

Shares of Sibanye Gold Limited (NYSE:SBSW) have earned a consensus rating of “Hold” from the six research firms that are covering the company, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $5.05.

A number of analysts have recently commented on SBSW shares. Wall Street Zen cut shares of Sibanye Gold from a “buy” rating to a “hold” rating in a report on Friday, May 30th. Royal Bank Of Canada upgraded shares of Sibanye Gold from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $4.70 to $5.30 in a report on Tuesday, March 18th.

Sibanye Gold Stock Performance

Shares of Sibanye Gold stock opened at $6.90 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.10 and a current ratio of 2.32. Sibanye Gold has a 52-week low of $3.05 and a 52-week high of $7.28. The company’s 50 day moving average price is $5.58 and its 200-day moving average price is $4.40.

Hedge Funds Weigh In On Sibanye Gold

Several large investors have recently modified their holdings of the stock. Lingotto Investment Management LLP raised its position in shares of Sibanye Gold by 1.0% in the 4th quarter. Lingotto Investment Management LLP now owns 27,798,014 shares of the company’s stock worth $91,733,000 after purchasing an additional 286,195 shares during the last quarter. D. E. Shaw & Co. Inc. raised its position in shares of Sibanye Gold by 28.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 6,541,857 shares of the company’s stock worth $21,588,000 after purchasing an additional 1,439,882 shares during the last quarter. Invesco Ltd. raised its position in shares of Sibanye Gold by 0.6% in the 4th quarter. Invesco Ltd. now owns 4,582,354 shares of the company’s stock worth $15,122,000 after purchasing an additional 26,400 shares during the last quarter. Goldman Sachs Group Inc. raised its position in shares of Sibanye Gold by 196.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 3,576,255 shares of the company’s stock worth $16,379,000 after purchasing an additional 2,370,443 shares during the last quarter. Finally, Two Sigma Advisers LP raised its position in shares of Sibanye Gold by 13.4% in the 4th quarter. Two Sigma Advisers LP now owns 3,375,200 shares of the company’s stock worth $11,138,000 after purchasing an additional 400,100 shares during the last quarter. Hedge funds and other institutional investors own 34.93% of the company’s stock.

About Sibanye Gold

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.