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

Sibanye Gold Limited (NYSE:SBSW) has been given a consensus rating of “Hold” by the five analysts that are currently covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $4.7333.

Separately, Wall Street Zen upgraded Sibanye Gold from a “hold” rating to a “buy” rating in a research report on Saturday, July 26th.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. CenterBook Partners LP purchased a new position in shares of Sibanye Gold in the fourth quarter worth about $903,000. Invesco Ltd. increased its holdings in shares of Sibanye Gold by 0.6% in the fourth quarter. Invesco Ltd. now owns 4,582,354 shares of the company’s stock worth $15,122,000 after buying an additional 26,400 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Sibanye Gold in the fourth quarter worth about $5,814,000. Dimensional Fund Advisors LP increased its holdings in shares of Sibanye Gold by 8.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,971,911 shares of the company’s stock worth $9,803,000 after buying an additional 221,266 shares during the period. Finally, LPL Financial LLC increased its holdings in Sibanye Gold by 49.7% during the 4th quarter. LPL Financial LLC now owns 514,885 shares of the company’s stock valued at $1,699,000 after purchasing an additional 170,912 shares during the period. Hedge funds and other institutional investors own 34.93% of the company’s stock.

Sibanye Gold Stock Performance

NYSE SBSW opened at $8.66 on Thursday. The stock’s 50-day simple moving average is $7.88 and its two-hundred day simple moving average is $5.58. Sibanye Gold has a twelve month low of $3.05 and a twelve month high of $9.85. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.10 and a current ratio of 2.32.

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.