Sibanye Stillwater Limited (NYSE:SBSW) Given Consensus Rating of “Hold” by Brokerages

Sibanye Stillwater Limited (NYSE:SBSW) has been given an average recommendation of “Hold” by the six analysts that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price target among analysts 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 lifted their target price for the stock from $4.70 to $5.30 in a research note on Tuesday, March 18th.

Sibanye Stillwater Stock Down 8.5 %

Sibanye Stillwater stock opened at $4.15 on Friday. The firm has a market cap of $2.93 billion, a price-to-earnings ratio of 7.97 and a beta of 1.08. Sibanye Stillwater has a 52-week low of $3.05 and a 52-week high of $5.93. 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 firm has a 50 day moving average price of $3.90 and a two-hundred day moving average price of $4.02.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. HighTower Advisors LLC grew its stake in Sibanye Stillwater by 6.7% in the third quarter. HighTower Advisors LLC now owns 48,632 shares of the company’s stock valued at $199,000 after acquiring an additional 3,045 shares during the period. Aire Advisors LLC grew its position in Sibanye Stillwater by 5.3% in 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 during the period. Rhumbline Advisers increased its stake in Sibanye Stillwater by 32.3% during the 4th quarter. Rhumbline Advisers now owns 12,790 shares of the company’s stock valued at $42,000 after purchasing an additional 3,120 shares in the last quarter. Banco Santander S.A. raised its holdings in Sibanye Stillwater by 16.9% during the fourth quarter. Banco Santander S.A. now owns 29,974 shares of the company’s stock worth $99,000 after buying an additional 4,344 shares during the last quarter. Finally, United Capital Financial Advisors LLC lifted its stake in shares of Sibanye Stillwater by 32.1% in the fourth quarter. United Capital Financial Advisors LLC now owns 19,640 shares of the company’s stock valued at $65,000 after buying an additional 4,768 shares in the last quarter. 34.93% of the stock is owned by institutional investors and hedge funds.

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.