Sibanye Stillwater Limited (NYSE:SBSW) Receives $5.17 Consensus PT from Analysts

Shares of Sibanye Stillwater Limited (NYSE:SBSW) have received a consensus rating of “Reduce” from the six research firms that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $5.17.

Several research analysts have recently issued reports on SBSW shares. JPMorgan Chase & Co. reduced their price objective on Sibanye Stillwater from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Wednesday, July 3rd. BMO Capital Markets reduced their price objective on Sibanye Stillwater from $5.00 to $4.50 and set a “market perform” rating for the company in a research note on Friday, September 13th.

Institutional Trading of Sibanye Stillwater

A number of institutional investors have recently made changes to their positions in SBSW. Vanguard Personalized Indexing Management LLC boosted its stake in shares of Sibanye Stillwater by 15.2% in the fourth quarter. Vanguard Personalized Indexing Management LLC now owns 47,304 shares of the company’s stock worth $257,000 after acquiring an additional 6,243 shares during the last quarter. Quadrant Capital Group LLC boosted its stake in Sibanye Stillwater by 36.9% during the fourth quarter. Quadrant Capital Group LLC now owns 16,701 shares of the company’s stock worth $91,000 after buying an additional 4,500 shares during the last quarter. Dynamic Technology Lab Private Ltd boosted its stake in Sibanye Stillwater by 545.5% during the fourth quarter. Dynamic Technology Lab Private Ltd now owns 143,193 shares of the company’s stock worth $778,000 after buying an additional 121,009 shares during the last quarter. Trexquant Investment LP boosted its stake in Sibanye Stillwater by 12.0% during the fourth quarter. Trexquant Investment LP now owns 565,924 shares of the company’s stock worth $3,073,000 after buying an additional 60,555 shares during the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in Sibanye Stillwater by 832.4% during the fourth quarter. EverSource Wealth Advisors LLC now owns 10,956 shares of the company’s stock worth $59,000 after buying an additional 9,781 shares during the last quarter. 34.93% of the stock is owned by institutional investors and hedge funds.

Sibanye Stillwater Stock Performance

Shares of NYSE SBSW opened at $4.13 on Monday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.70 and a quick ratio of 0.97. The business has a 50-day simple moving average of $4.17 and a two-hundred day simple moving average of $4.60. Sibanye Stillwater has a fifty-two week low of $3.08 and a fifty-two week high of $6.99.

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.