Sibanye Stillwater Limited (NYSE:SBSW) Receives Average Recommendation of "Hold" from Analysts

Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report) has been assigned an average recommendation of "Hold" from the six analysts that are presently covering the stock, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $5.05.

Separately, Royal Bank of Canada upgraded shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and upped their target price for the company from $4.70 to $5.30 in a research note on Tuesday, March 18th.

Sibanye Stillwater Trading Up 2.0 %

Shares of NYSE:SBSW traded up $0.09 during trading on Tuesday, reaching $4.60. The stock had a trading volume of 7,558,776 shares, compared to its average volume of 7,170,475. Sibanye Stillwater has a fifty-two week low of $3.05 and a fifty-two week high of $5.91. The business has a fifty day moving average price of $4.16 and a 200-day moving average price of $4.03. The company has a quick ratio of 1.04, a current ratio of 2.09 and a debt-to-equity ratio of 0.71. The stock has a market cap of $3.26 billion, a P/E ratio of 8.85 and a beta of 0.59.

Institutional Trading of Sibanye Stillwater

Institutional investors and hedge funds have recently made changes to their positions in the stock. Comprehensive Money Management Services LLC lifted its holdings in Sibanye Stillwater by 5.9% during the 1st quarter. Comprehensive Money Management Services LLC now owns 40,301 shares of the company's stock valued at $185,000 after purchasing an additional 2,250 shares during the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Sibanye Stillwater by 35.8% in the first quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company's stock worth $42,000 after acquiring an additional 2,400 shares in the last quarter. Aire Advisors LLC lifted its stake in Sibanye Stillwater by 5.3% in the 4th quarter. Aire Advisors LLC now owns 61,060 shares of the company's stock valued at $201,000 after acquiring an additional 3,060 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Sibanye Stillwater by 32.3% in the fourth quarter. Rhumbline Advisers now owns 12,790 shares of the company's stock valued at $42,000 after buying an additional 3,120 shares in the last quarter. Finally, Banco Santander S.A. lifted its stake in shares of Sibanye Stillwater by 16.9% during the 4th quarter. Banco Santander S.A. now owns 29,974 shares of the company's stock worth $99,000 after buying an additional 4,344 shares during the last quarter. Institutional investors and hedge funds own 34.93% of the company's stock.

About Sibanye Stillwater

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.