Sibanye Gold Given Consensus Recommendation of “Buy” by Analysts (NASDAQ:SBGL)
Sibanye Gold (NASDAQ:SBGL) has received an average recommendation of “Buy” from the seven analysts that are currently covering the stock, AnalystRatings.NET reports. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $12.95.
Sibanye Gold (NASDAQ:SBGL) opened at 9.45 on Thursday. Sibanye Gold has a one year low of $3.72 and a one year high of $11.29. The stock has a 50-day moving average of $10.03 and a 200-day moving average of $9.53. The company has a market cap of $2.122 billion and a P/E ratio of 7.49.
The company also recently announced a special dividend, which is scheduled for Thursday, September 4th. Investors of record on Friday, August 22nd will be paid a dividend of $0.1874 per share. The ex-dividend date is Wednesday, August 20th.
Several analysts have recently commented on the stock. Analysts at Zacks downgraded shares of Sibanye Gold from an “outperform” rating to a “neutral” rating in a research note on Monday, August 18th. They now have a $11.90 price target on the stock. Finally, analysts at Macquarie upgraded shares of Sibanye Gold from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 10th.
Sibanye Gold Limited (NASDAQ:SBGL), formerly GFI Mining South Africa (Pty) Limited, is a producer of gold in South Africa.
Receive News & Ratings for Sibanye Gold Ltd Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sibanye Gold Ltd and related companies with Analyst Ratings Network's FREE daily email newsletter.