Analysts Set Sibanye Gold Limited (NYSE:SBSW) Target Price at $4.73

Shares of Sibanye Gold Limited (NYSE:SBSW) have been given an average rating of “Hold” by the five analysts that are presently covering the stock, Marketbeat.com reports. Four research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The average 1-year price objective among analysts that have issued a report on the stock in the last year is $4.73.

Separately, Wall Street Zen downgraded Sibanye Gold from a “buy” rating to a “hold” rating in a report on Sunday, July 13th.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in SBSW. Trek Financial LLC bought a new stake in shares of Sibanye Gold in the 4th quarter worth about $2,803,000. CenterBook Partners LP acquired a new position in Sibanye Gold in the fourth quarter worth about $903,000. Virtu Financial LLC bought a new stake in Sibanye Gold in the fourth quarter valued at about $130,000. Invesco Ltd. raised its stake in Sibanye Gold by 0.6% during the fourth quarter. Invesco Ltd. now owns 4,582,354 shares of the company’s stock valued at $15,122,000 after buying an additional 26,400 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Sibanye Gold during the fourth quarter valued at approximately $5,814,000. 34.93% of the stock is currently owned by institutional investors.

Sibanye Gold Stock Up 2.3%

Shares of Sibanye Gold stock opened at $8.79 on Friday. Sibanye Gold has a 1-year low of $3.05 and a 1-year high of $8.81. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.10 and a current ratio of 2.32. The business has a 50-day moving average of $6.69 and a 200-day moving average of $4.91.

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.