Sibanye Gold Limited (NYSE:SBSW) Given Average Recommendation of "Hold" by Analysts

Key Points

• Sibanye Gold Limited (NYSE:SBSW) has received a consensus recommendation of "Hold" from five ratings firms, with four analysts suggesting a hold and one recommending a buy.
• The average twelve-month target price for Sibanye Gold shares is $4.7333, indicating potential growth based on current ratings.
• Institutional investors have significantly increased their stakes in the company, with notable growth by JPMorgan Chase & Co. and Arrowstreet Capital, highlighting strong institutional interest.

Shares of Sibanye Gold Limited (NYSE:SBSW - Get Free Report) have received an average rating of "Hold" from the five brokerages that are currently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $6.0667.

A number of equities research analysts have recently issued reports on SBSW shares. BMO Capital Markets upped their target price on shares of Sibanye Gold from $7.00 to $8.50 and gave the company a "market perform" rating in a report on Tuesday. Wall Street Zen upgraded shares of Sibanye Gold from a "buy" rating to a "strong-buy" rating in a research report on Saturday.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SBSW. JPMorgan Chase & Co. increased its holdings in shares of Sibanye Gold by 32,992.0% during the second quarter. JPMorgan Chase & Co. now owns 6,405,288 shares of the company's stock valued at $46,246,000 after acquiring an additional 6,385,932 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in Sibanye Gold by 1,136.5% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 3,495,525 shares of the company's stock valued at $25,238,000 after acquiring an additional 3,212,833 shares in the last quarter. Millennium Management LLC raised its stake in shares of Sibanye Gold by 363.7% in the first quarter. Millennium Management LLC now owns 3,171,659 shares of the company's stock worth $14,526,000 after purchasing an additional 2,487,648 shares during the last quarter. Acadian Asset Management LLC bought a new position in shares of Sibanye Gold in the second quarter valued at approximately $17,366,000. Finally, Goldman Sachs Group Inc. boosted its position in shares of Sibanye Gold by 196.6% during the first quarter. Goldman Sachs Group Inc. now owns 3,576,255 shares of the company's stock valued at $16,379,000 after buying an additional 2,370,443 shares during the last quarter. 34.93% of the stock is owned by institutional investors.

Sibanye Gold Trading Up 9.5%

NYSE SBSW traded up $0.72 on Monday, reaching $8.29. The company had a trading volume of 13,062,583 shares, compared to its average volume of 6,709,017. The company's fifty day moving average is $8.27 and its 200-day moving average is $6.03. The company has a debt-to-equity ratio of 0.96, a current ratio of 2.89 and a quick ratio of 1.10. Sibanye Gold has a 1-year low of $3.05 and a 1-year high of $9.85.

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.