Shares of Sibanye Stillwater Limited (NYSE:SBSW – Get Free Report) have earned a consensus rating of “Hold” from the six analysts that are covering the firm, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $4.79.
Separately, Royal Bank of Canada reduced their target price on Sibanye Stillwater from $6.00 to $4.25 and set a “sector perform” rating on the stock in a research note on Thursday, February 13th.
View Our Latest Report on Sibanye Stillwater
Sibanye Stillwater Price Performance
Institutional Investors Weigh In On Sibanye Stillwater
A number of institutional investors and hedge funds have recently bought and sold shares of SBSW. Goehring & Rozencwajg Associates LLC purchased a new stake in Sibanye Stillwater in the 4th quarter valued at approximately $9,446,000. Raymond James Financial Inc. acquired a new position in Sibanye Stillwater in the 4th quarter valued at $5,814,000. D. E. Shaw & Co. Inc. raised its holdings in Sibanye Stillwater by 28.2% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 6,541,857 shares of the company’s stock valued at $21,588,000 after acquiring an additional 1,439,882 shares during the last quarter. Northern Trust Corp raised its holdings in Sibanye Stillwater by 1,673.5% in the 4th quarter. Northern Trust Corp now owns 1,014,294 shares of the company’s stock valued at $3,347,000 after acquiring an additional 957,103 shares during the last quarter. Finally, Trek Financial LLC acquired a new position in Sibanye Stillwater in the 4th quarter valued at $2,803,000. Hedge funds and other 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.
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