Brokerages Set Sibanye Gold Limited (NYSE:SBSW) PT at $4.73

Sibanye Gold Limited (NYSE:SBSW) has earned a consensus rating of “Hold” from the five brokerages that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $4.73.

SBSW has been the topic of several research reports. Wall Street Zen downgraded shares of Sibanye Gold from a “buy” rating to a “hold” rating in a research note on Sunday. Royal Bank Of Canada upgraded shares of Sibanye Gold from a “sector perform” rating to an “outperform” rating and increased their target price for the stock from $4.70 to $5.30 in a research report on Tuesday, March 18th.

Sibanye Gold Trading Up 0.7%

Shares of NYSE SBSW opened at $8.46 on Friday. The company has a current ratio of 2.32, a quick ratio of 1.10 and a debt-to-equity ratio of 0.86. The business’s 50 day moving average is $6.54 and its 200-day moving average is $4.85. Sibanye Gold has a 1-year low of $3.05 and a 1-year high of $8.66.

Institutional Trading of Sibanye Gold

Several large investors have recently bought and sold shares of SBSW. Itau Unibanco Holding S.A. bought a new stake in Sibanye Gold during the 4th quarter worth approximately $25,000. GAMMA Investing LLC raised its position in shares of Sibanye Gold by 112.2% during the second quarter. GAMMA Investing LLC now owns 4,213 shares of the company’s stock worth $30,000 after purchasing an additional 2,228 shares during the period. Ameriprise Financial Inc. bought a new position in shares of Sibanye Gold in the 4th quarter worth $35,000. Peapack Gladstone Financial Corp acquired a new stake in Sibanye Gold in the 4th quarter valued at $41,000. Finally, Creative Financial Designs Inc. ADV grew its position in Sibanye Gold by 35.8% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock valued at $42,000 after purchasing an additional 2,400 shares during the period. 34.93% of the stock is owned by institutional investors and hedge funds.

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.