Sibanye Stillwater Limited (NYSE:SBSW – Get Free Report)’s stock price gapped down prior to trading on Thursday . The stock had previously closed at $4.55, but opened at $4.42. Sibanye Stillwater shares last traded at $4.36, with a volume of 396,289 shares.
Analyst Ratings Changes
Separately, JPMorgan Chase & Co. cut their target price on Sibanye Stillwater from $7.00 to $6.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 3rd. Three research analysts have rated the stock with a sell rating and three have issued a hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $5.67.
Read Our Latest Stock Report on SBSW
Sibanye Stillwater Stock Down 6.2 %
Institutional Investors Weigh In On Sibanye Stillwater
Several institutional investors have recently added to or reduced their stakes in SBSW. Scarborough Advisors LLC acquired a new position in shares of Sibanye Stillwater during the fourth quarter valued at about $28,000. GAMMA Investing LLC acquired a new position in Sibanye Stillwater during the 4th quarter valued at approximately $30,000. Vanguard Capital Wealth Advisors purchased a new position in shares of Sibanye Stillwater in the first quarter worth $50,000. Fermata Advisors LLC acquired a new stake in shares of Sibanye Stillwater during the first quarter worth $52,000. Finally, Peapack Gladstone Financial Corp acquired a new stake in shares of Sibanye Stillwater during the fourth quarter worth $56,000. Institutional investors and hedge funds 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.
Featured Articles
- Five stocks we like better than Sibanye Stillwater
- What is an Earnings Surprise?
- McDonald’s Stock Nearing New High After Analyst Price Boost
- CD Calculator: Certificate of Deposit Calculator
- Palo Alto Networks Stock Can Set a New All-Time High Soon
- What Makes a Stock a Good Dividend Stock?
- Zoom Beats Q2 Expectations, Signaling Continued Growth Trajectory
Receive News & Ratings for Sibanye Stillwater Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sibanye Stillwater and related companies with MarketBeat.com's FREE daily email newsletter.