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.

A number of institutional investors have recently made changes to their positions in the business. Schroder Investment Management Group lifted its position in Sibanye Gold by 168.0% during the second quarter. Schroder Investment Management Group now owns 1,406,413 shares of the basic materials company’s stock valued at $3,389,000 after buying an additional 881,703 shares during the period. Jane Street Group LLC lifted its position in Sibanye Gold by 148.9% during the second quarter. Jane Street Group LLC now owns 2,056,714 shares of the basic materials company’s stock valued at $4,977,000 after buying an additional 1,230,392 shares during the period. Tower Research Capital LLC TRC lifted its position in Sibanye Gold by 2,705.1% during the second quarter. Tower Research Capital LLC TRC now owns 48,247 shares of the basic materials company’s stock valued at $116,000 after buying an additional 46,527 shares during the period. Dynamic Technology Lab Private Ltd lifted its position in Sibanye Gold by 239.8% during the second quarter. Dynamic Technology Lab Private Ltd now owns 172,054 shares of the basic materials company’s stock valued at $417,000 after buying an additional 121,415 shares during the period. Finally, OppenheimerFunds Inc. lifted its position in Sibanye Gold by 6.0% during the second quarter. OppenheimerFunds Inc. now owns 1,579,600 shares of the basic materials company’s stock valued at $3,823,000 after buying an additional 89,600 shares during the period. 56.25% of the stock is owned by institutional investors and hedge funds.

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)

Analyst Recommendations for Sibanye Gold (NYSE:SBGL)

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