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

Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report) has earned an average recommendation of "Hold" from the six research firms that are covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $5.05.

Separately, Royal Bank of Canada raised Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and lifted their price objective for the stock from $4.70 to $5.30 in a report on Tuesday, March 18th.

Hedge Funds Weigh In On Sibanye Stillwater

Institutional investors have recently made changes to their positions in the stock. Trek Financial LLC acquired a new position in shares of Sibanye Stillwater in the fourth quarter worth $2,803,000. Goehring & Rozencwajg Associates LLC acquired a new position in shares of Sibanye Stillwater in the fourth quarter worth $9,446,000. Lingotto Investment Management LLP raised its holdings in shares of Sibanye Stillwater by 1.0% in the fourth quarter. Lingotto Investment Management LLP now owns 27,798,014 shares of the company's stock worth $91,733,000 after acquiring an additional 286,195 shares during the last quarter. CenterBook Partners LP acquired a new position in shares of Sibanye Stillwater in the fourth quarter worth $903,000. Finally, ABC Arbitrage SA acquired a new position in shares of Sibanye Stillwater in the fourth quarter worth $1,332,000. 34.93% of the stock is owned by institutional investors and hedge funds.

Sibanye Stillwater Stock Performance

Shares of SBSW stock opened at $4.59 on Tuesday. The stock has a fifty day moving average price of $4.08 and a 200 day moving average price of $4.01. The stock has a market cap of $3.25 billion, a PE ratio of 8.83 and a beta of 1.08. Sibanye Stillwater has a 1 year low of $3.05 and a 1 year high of $5.91. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 2.09.

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.

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