Shares of Sibanye Gold Ltd. (NYSE:SBGL) have earned a consensus rating of “Hold” from the five research firms that are covering the firm. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has given a buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $22.00.
SBGL has been the topic of a number of research analyst reports. Citigroup Inc. raised Sibanye Gold from a “sell” rating to a “neutral” rating in a research report on Wednesday. Zacks Investment Research lowered Sibanye Gold from a “hold” rating to a “sell” rating in a research report on Tuesday. Finally, Macquarie raised Sibanye Gold from an “underperform” rating to a “neutral” rating in a research report on Friday, July 1st.
Large investors have recently made changes to their positions in the stock. BlackRock Inc. raised its stake in shares of Sibanye Gold by 0.8% in the first quarter. BlackRock Inc. now owns 645,677 shares of the company’s stock worth $9,795,000 after buying an additional 4,972 shares in the last quarter. UBS Group AG raised its stake in shares of Sibanye Gold by 10.2% in the first quarter. UBS Group AG now owns 39,164 shares of the company’s stock worth $595,000 after buying an additional 3,620 shares in the last quarter. HBK Investments L P raised its stake in shares of Sibanye Gold by 80.6% in the first quarter. HBK Investments L P now owns 36,298 shares of the company’s stock worth $551,000 after buying an additional 16,198 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Sibanye Gold by 19.8% in the first quarter. Renaissance Technologies LLC now owns 1,671,600 shares of the company’s stock worth $25,358,000 after buying an additional 275,800 shares in the last quarter. Finally, Orbis Allan Gray Ltd purchased a new stake in shares of Sibanye Gold during the first quarter worth about $683,226,000. 18.02% of the stock is currently owned by institutional investors and hedge funds.
Shares of Sibanye Gold (NYSE:SBGL) traded up 2.88% during midday trading on Wednesday, reaching $11.06. The company’s stock had a trading volume of 687,485 shares. The company has a 50-day moving average price of $14.59 and a 200-day moving average price of $15.04. The firm has a market cap of $2.55 billion, a price-to-earnings ratio of 41.27 and a beta of -0.03. Sibanye Gold has a 12 month low of $4.59 and a 12 month high of $20.97.
The company also recently announced a dividend, which was paid on Thursday, October 6th. Investors of record on Friday, September 23rd were given a $0.177 dividend. The ex-dividend date was Wednesday, September 21st.