Analysts Set Sibanye Gold Limited (NYSE:SBSW) PT at $12.87

Sibanye Gold Limited (NYSE:SBSW) has earned a consensus recommendation of “Moderate Buy” from the five analysts that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $12.8667.

Several equities research analysts recently commented on SBSW shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Sibanye Gold in a report on Thursday. Wall Street Zen upgraded shares of Sibanye Gold from a “buy” rating to a “strong-buy” rating in a research note on Monday, December 22nd. Zacks Research raised shares of Sibanye Gold from a “hold” rating to a “strong-buy” rating in a report on Thursday, January 1st. Finally, HSBC upgraded shares of Sibanye Gold from a “hold” rating to a “buy” rating and set a $24.80 target price on the stock in a report on Friday.

Institutional Trading of Sibanye Gold

Several large investors have recently modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Sibanye Gold by 22.2% during the 3rd quarter. GAMMA Investing LLC now owns 5,147 shares of the company’s stock valued at $58,000 after purchasing an additional 934 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in Sibanye Gold by 40.3% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 3,481 shares of the company’s stock worth $39,000 after buying an additional 1,000 shares in the last quarter. Blue Trust Inc. raised its holdings in Sibanye Gold by 84.1% during the fourth quarter. Blue Trust Inc. now owns 2,193 shares of the company’s stock valued at $31,000 after acquiring an additional 1,002 shares during the period. Linden Thomas Advisory Services LLC lifted its position in shares of Sibanye Gold by 4.2% in the fourth quarter. Linden Thomas Advisory Services LLC now owns 25,438 shares of the company’s stock valued at $362,000 after acquiring an additional 1,019 shares in the last quarter. Finally, MAI Capital Management lifted its position in shares of Sibanye Gold by 87.8% in the third quarter. MAI Capital Management now owns 2,500 shares of the company’s stock valued at $28,000 after acquiring an additional 1,169 shares in the last quarter. Institutional investors own 34.93% of the company’s stock.

Sibanye Gold Stock Performance

Shares of SBSW opened at $19.46 on Friday. Sibanye Gold has a 1-year low of $3.05 and a 1-year high of $19.54. The firm’s 50-day moving average price is $14.31 and its 200-day moving average price is $11.30. The company has a quick ratio of 1.53, a current ratio of 2.89 and a debt-to-equity ratio of 0.96.

About Sibanye Gold

Sibanye Gold (NYSE:SBSW) is a precious metals mining company headquartered in Johannesburg, South Africa. The company’s core operations focus on the extraction, processing and exploration of gold. Through its South African gold mining operations, Sibanye Gold produces doré bars, gold in concentrate and carbon-in-leach product, leveraging both underground and surface mining techniques. The company also generates by-products such as uranium, copper and nickel, reflecting its commitment to maximizing resource recovery.

In addition to its South African footprint, Sibanye Gold has expanded into the platinum‐group metals (PGM) sector through its acquisition of Stillwater Mining Company in 2017.