Sibanye Gold Limited (NYSE:SBGL) has received an average recommendation of “Hold” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One 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. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $10.00.

A number of brokerages have recently issued reports on SBGL. BidaskClub raised Sibanye Gold Limited from a “sell” rating to a “hold” rating in a research note on Sunday, July 16th. ValuEngine cut Sibanye Gold Limited from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

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Several institutional investors and hedge funds have recently added to or reduced their stakes in SBGL. Bank of Montreal Can grew its holdings in shares of Sibanye Gold Limited by 22.0% in the 1st quarter. Bank of Montreal Can now owns 66,767 shares of the basic materials company’s stock worth $589,000 after acquiring an additional 12,055 shares during the period. Profund Advisors LLC grew its holdings in shares of Sibanye Gold Limited by 0.4% in the 1st quarter. Profund Advisors LLC now owns 28,472 shares of the basic materials company’s stock worth $251,000 after acquiring an additional 125 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Sibanye Gold Limited by 6,487.4% in the 1st quarter. Wells Fargo & Company MN now owns 493,594 shares of the basic materials company’s stock worth $4,348,000 after acquiring an additional 486,101 shares during the period. DekaBank Deutsche Girozentrale acquired a new stake in shares of Sibanye Gold Limited in the 1st quarter worth approximately $176,000. Finally, BNP Paribas Arbitrage SA grew its holdings in shares of Sibanye Gold Limited by 0.5% in the 1st quarter. BNP Paribas Arbitrage SA now owns 23,319 shares of the basic materials company’s stock worth $205,000 after acquiring an additional 120 shares during the period. Institutional investors and hedge funds own 35.75% of the company’s stock.

Shares of Sibanye Gold Limited (SBGL) traded down 1.60% during mid-day trading on Friday, hitting $5.52. The stock had a trading volume of 6,192,527 shares. The company’s market cap is $2.93 billion. The stock has a 50 day moving average price of $5.82 and a 200-day moving average price of $6.66. Sibanye Gold Limited has a 52-week low of $4.43 and a 52-week high of $14.98.

Sibanye Gold Limited Company Profile

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.

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