Recent Research Analysts’ Ratings Updates for Sibanye Gold (SBGL)

Sibanye Gold (NYSE: SBGL) has recently received a number of price target changes and ratings updates:

  • 9/12/2018 – Sibanye Gold was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “sell” rating. According to Zacks, “Sibanye Gold Limited is a gold mining company. It operates two gold mines: the Kloof Driefontein Complex (KDC) and the Beatrix gold mines. Sibanye Gold Limited is based in Houghton, South Africa. “
  • 9/11/2018 – Sibanye Gold was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $2.75 price target on the stock. According to Zacks, “Sibanye Gold Limited is a gold mining company. It operates two gold mines: the Kloof Driefontein Complex (KDC) and the Beatrix gold mines. Sibanye Gold Limited is based in Houghton, South Africa. “
  • 8/28/2018 – Sibanye Gold was downgraded by analysts at Macquarie from a “neutral” rating to an “underperform” rating.
  • 8/28/2018 – Sibanye Gold was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Sibanye Gold Limited is a gold mining company. It operates two gold mines: the Kloof Driefontein Complex (KDC) and the Beatrix gold mines. Sibanye Gold Limited is based in Houghton, South Africa. “
  • 8/22/2018 – Sibanye Gold was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Sibanye Gold Limited is a gold mining company. It operates two gold mines: the Kloof Driefontein Complex (KDC) and the Beatrix gold mines. Sibanye Gold Limited is based in Houghton, South Africa. “
  • 8/15/2018 – Sibanye Gold was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.

Shares of NYSE:SBGL opened at $2.39 on Tuesday. The firm has a market cap of $628.25 million, a price-to-earnings ratio of -59.75 and a beta of 0.11. Sibanye Gold Ltd has a 12-month low of $2.02 and a 12-month high of $5.66. The company has a debt-to-equity ratio of 1.11, a current ratio of 1.85 and a quick ratio of 1.30.

A number of large investors have recently made changes to their positions in the business. Schroder Investment Management Group raised its stake in Sibanye Gold by 168.0% during the second quarter. Schroder Investment Management Group now owns 1,406,413 shares of the basic materials company’s stock valued at $3,389,000 after buying an additional 881,703 shares during the last quarter. Jane Street Group LLC raised its stake in Sibanye Gold by 148.9% during the second quarter. Jane Street Group LLC now owns 2,056,714 shares of the basic materials company’s stock valued at $4,977,000 after buying an additional 1,230,392 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in Sibanye Gold by 2,705.1% during the second quarter. Tower Research Capital LLC TRC now owns 48,247 shares of the basic materials company’s stock valued at $116,000 after buying an additional 46,527 shares during the last quarter. Dynamic Technology Lab Private Ltd raised its stake in Sibanye Gold by 239.8% during the second quarter. Dynamic Technology Lab Private Ltd now owns 172,054 shares of the basic materials company’s stock valued at $417,000 after buying an additional 121,415 shares during the last quarter. Finally, OppenheimerFunds Inc. raised its stake in Sibanye Gold by 6.0% during the second quarter. OppenheimerFunds Inc. now owns 1,579,600 shares of the basic materials company’s stock valued at $3,823,000 after buying an additional 89,600 shares during the last quarter. Institutional investors and hedge funds own 56.25% of the company’s stock.

Sibanye Gold Limited operates as a precious metals mining company in South Africa, Zimbabwe, and the United States. The company operates through PGM; and Gold and Uranium divisions. It owns and operates gold, and platinum group metals (PGM), including platinum, palladium, and rhodium operations and projects, as well as produces by-products, such as iridium, ruthenium, nickel, copper, and chrome.

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