Sibanye Gold Limited (SBGL) Receives Consensus Recommendation of “Hold” from Analysts

Sibanye Gold Limited (NYSE:SBGL) has received a consensus rating of “Hold” from the seven research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company.

Several analysts have recently issued reports on the company. ValuEngine upgraded Sibanye Gold Limited from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub upgraded Sibanye Gold Limited from a “sell” rating to a “hold” rating in a research report on Sunday, July 16th. Finally, Morgan Stanley upgraded Sibanye Gold Limited from an “equal weight” rating to an “overweight” rating in a research report on Monday.

COPYRIGHT VIOLATION WARNING: This story was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this story on another website, it was illegally stolen and republished in violation of United States and international copyright & trademark laws. The original version of this story can be viewed at https://sportsperspectives.com/2017/10/12/sibanye-gold-limited-sbgl-receives-consensus-recommendation-of-hold-from-analysts.html.

Sibanye Gold Limited (NYSE SBGL) traded up 1.49% during midday trading on Thursday, reaching $4.77. The company’s stock had a trading volume of 1,512,327 shares. The stock’s market cap is $2.59 billion. The stock’s 50 day moving average is $5.25 and its 200 day moving average is $6.08. Sibanye Gold Limited has a 12-month low of $4.10 and a 12-month high of $8.41.

Several large investors have recently modified their holdings of the company. BNP Paribas Arbitrage SA lifted its position in shares of Sibanye Gold Limited by 0.5% in the first quarter. BNP Paribas Arbitrage SA now owns 23,319 shares of the basic materials company’s stock valued at $205,000 after acquiring an additional 120 shares in the last quarter. Comerica Bank increased its stake in Sibanye Gold Limited by 3.0% in the first quarter. Comerica Bank now owns 13,467 shares of the basic materials company’s stock valued at $108,000 after purchasing an additional 398 shares during the last quarter. Schroder Investment Management Group increased its stake in Sibanye Gold Limited by 0.7% in the first quarter. Schroder Investment Management Group now owns 110,835 shares of the basic materials company’s stock valued at $974,000 after purchasing an additional 800 shares during the last quarter. ING Groep NV increased its stake in Sibanye Gold Limited by 40.3% in the second quarter. ING Groep NV now owns 23,857 shares of the basic materials company’s stock valued at $110,000 after purchasing an additional 6,857 shares during the last quarter. Finally, Creative Planning increased its stake in Sibanye Gold Limited by 26.6% in the second quarter. Creative Planning now owns 35,815 shares of the basic materials company’s stock valued at $166,000 after purchasing an additional 7,529 shares during the last quarter. Institutional investors and hedge funds own 35.75% of the company’s stock.

About Sibanye Gold Limited

Sibanye Gold Limited is an independent, global precious metal mining company. The Company is engaged in producing a mix of metals that includes gold and the platinum group metals (PGMs). Its projects are grouped by two regions: the Southern Africa region and the Americas region. Its products include gold, platinum group metals and by-products.

Analyst Recommendations for Sibanye Gold Limited (NYSE:SBGL)

Receive News & Ratings for Sibanye Gold Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sibanye Gold Limited and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply