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

Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report) has received a consensus recommendation of "Hold" from the six ratings firms that are currently covering the stock, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $5.05.

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

Institutional Inflows and Outflows

Institutional 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 during the 4th quarter worth $25,000. GAMMA Investing LLC lifted its holdings in shares of Sibanye Stillwater by 590.8% in the first quarter. GAMMA Investing LLC now owns 9,091 shares of the company's stock worth $42,000 after acquiring an additional 7,775 shares during the last quarter. Blankinship & Foster LLC bought a new stake in shares of Sibanye Stillwater during the 3rd quarter valued at approximately $41,000. Ameriprise Financial Inc. acquired a new position in Sibanye Stillwater during the 4th quarter worth approximately $35,000. Finally, Peapack Gladstone Financial Corp bought a new position in Sibanye Stillwater in the 4th quarter valued at approximately $41,000. 34.93% of the stock is currently owned by institutional investors and hedge funds.

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Sibanye Stillwater Stock Performance

NYSE SBSW traded up $0.28 during trading on Friday, reaching $3.50. 13,229,311 shares of the company's stock were exchanged, compared to its average volume of 8,615,671. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04. The business has a 50 day moving average price of $3.88 and a 200-day moving average price of $3.99. The stock has a market capitalization of $2.47 billion, a P/E ratio of 6.72 and a beta of 1.08. Sibanye Stillwater has a fifty-two week low of $3.05 and a fifty-two week high of $5.91.

Sibanye Stillwater Company Profile

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.