Free Trial

Sibanye Stillwater (NYSE:SBSW) Rating Lowered to "Hold" at Wall Street Zen

Sibanye Stillwater logo with Basic Materials background

Wall Street Zen cut shares of Sibanye Stillwater (NYSE:SBSW - Free Report) from a buy rating to a hold rating in a report issued on Friday.

Separately, Royal Bank of Canada raised shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and increased their price objective for the company from $4.70 to $5.30 in a research report on Tuesday, March 18th. Six investment analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $5.05.

Get Our Latest Report on Sibanye Stillwater

Sibanye Stillwater Stock Performance

Shares of SBSW traded down $0.11 during mid-day trading on Friday, reaching $6.21. The company's stock had a trading volume of 5,497,470 shares, compared to its average volume of 9,611,390. The business has a 50-day simple moving average of $4.79 and a two-hundred day simple moving average of $4.15. Sibanye Stillwater has a 1-year low of $3.05 and a 1-year high of $6.39. The stock has a market cap of $4.39 billion, a P/E ratio of 11.94 and a beta of 0.59. The company has a current ratio of 2.09, a quick ratio of 1.04 and a debt-to-equity ratio of 0.71.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Itau Unibanco Holding S.A. acquired a new position in shares of Sibanye Stillwater in the fourth quarter valued at about $25,000. GAMMA Investing LLC grew its position in shares of Sibanye Stillwater by 590.8% during the 1st quarter. GAMMA Investing LLC now owns 9,091 shares of the company's stock worth $42,000 after purchasing an additional 7,775 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of Sibanye Stillwater by 35.8% during the first quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company's stock worth $42,000 after purchasing an additional 2,400 shares during the period. Ameriprise Financial Inc. acquired a new stake in shares of Sibanye Stillwater in the fourth quarter valued at approximately $35,000. Finally, Resolute Wealth Strategies LLC acquired a new position in Sibanye Stillwater in the 1st quarter valued at $51,000. Institutional investors own 34.93% of the company's stock.

About Sibanye Stillwater

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Sibanye Stillwater (NYSE:SBSW)

Should You Invest $1,000 in Sibanye Stillwater Right Now?

Before you consider Sibanye Stillwater, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sibanye Stillwater wasn't on the list.

While Sibanye Stillwater currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Free Today: Your Guide to Smarter Options Trades Cover

Learn the basics of options trading and how to use them to boost returns and manage risk with this free report from MarketBeat. Click the link below to get your free copy.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Top 3 Defense Stocks to Profit From $175 Billion Golden Dome
Top 5 Stocks for June: AI Picks That Aren’t NVIDIA
This Unique Robotaxi Play Could Deliver 10X Returns

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines