Macquarie Lowers Sibanye Gold (SBGL) to Underperform
Macquarie lowered shares of Sibanye Gold (NYSE:SBGL) from a neutral rating to an underperform rating in a research note published on Tuesday morning, MarketBeat.com reports.
SBGL has been the subject of several other research reports. ValuEngine lowered Sibanye Gold from a hold rating to a sell rating in a research report on Saturday, June 2nd. Zacks Investment Research lowered Sibanye Gold from a hold rating to a sell rating in a research report on Thursday, June 14th. Finally, Citigroup lowered Sibanye Gold from a buy rating to a neutral rating in a research report on Wednesday, June 27th. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of $5.25.
Shares of Sibanye Gold stock opened at $2.31 on Tuesday. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.30 and a current ratio of 1.85. Sibanye Gold has a 12 month low of $2.02 and a 12 month high of $6.89.
About Sibanye Gold
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.
Further Reading: Price to Earnings Ratio (PE)
Receive News & Ratings for Sibanye Gold Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sibanye Gold and related companies with MarketBeat.com's FREE daily email newsletter.