Analysts Set Sibanye Stillwater Limited (NYSE:SBSW) Price Target at $5.05

Shares of Sibanye Stillwater Limited (NYSE:SBSW) have been assigned a consensus rating of “Hold” from the six analysts that are covering the firm, MarketBeat reports. Five investment analysts have rated the stock with a hold recommendation and one has issued a buy recommendation on the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is $5.05.

Separately, Royal Bank of Canada upgraded shares of Sibanye Stillwater from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $4.70 to $5.30 in a research report on Tuesday, March 18th.

Sibanye Stillwater Stock Performance

Sibanye Stillwater stock opened at $6.16 on Friday. The firm’s fifty day moving average price is $4.68 and its 200-day moving average price is $4.10. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.04 and a current ratio of 2.09. The stock has a market cap of $4.36 billion, a P/E ratio of 11.85 and a beta of 0.59. Sibanye Stillwater has a fifty-two week low of $3.05 and a fifty-two week high of $6.19.

Institutional Investors Weigh In On Sibanye Stillwater

A number of large investors have recently added to or reduced their stakes in the company. Avantax Advisory Services Inc. grew its holdings in Sibanye Stillwater by 13.1% in the 1st quarter. Avantax Advisory Services Inc. now owns 17,659 shares of the company’s stock worth $81,000 after acquiring an additional 2,050 shares during the last quarter. Comprehensive Money Management Services LLC grew its holdings in Sibanye Stillwater by 5.9% in the 1st quarter. Comprehensive Money Management Services LLC now owns 40,301 shares of the company’s stock worth $185,000 after acquiring an additional 2,250 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in Sibanye Stillwater by 35.8% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 9,100 shares of the company’s stock worth $42,000 after acquiring an additional 2,400 shares during the last quarter. Banco Santander S.A. grew its holdings in Sibanye Stillwater by 9.8% in the 1st quarter. Banco Santander S.A. now owns 32,926 shares of the company’s stock worth $151,000 after acquiring an additional 2,952 shares during the last quarter. Finally, Aire Advisors LLC boosted its stake in shares of Sibanye Stillwater by 5.3% during the 4th quarter. Aire Advisors LLC now owns 61,060 shares of the company’s stock valued at $201,000 after purchasing an additional 3,060 shares in the last quarter. Institutional investors own 34.93% of the company’s stock.

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.