RBC Capital analyst Tyler Broda maintained a Hold rating on Sibanye Stillwater (SBSW – Research Report) on July 8 and set a price target of $13.00. The company’s shares closed last Tuesday at $10.01, close to its 52-week low of $9.57.
According to TipRanks.com, Broda is a 3-star analyst with an average return of 2.9% and a 44.3% success rate. Broda covers the Basic Materials sector, focusing on stocks such as Anglo American, BHP Group Ltd, and FRESNILLO.
Currently, the analyst consensus on Sibanye Stillwater is a Strong Buy with an average price target of $17.98.
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Sibanye Stillwater Ltd. engages in the provision of precious metals mining services. Its portfolio includes the platinum group metal (PGM) operations in the United States, South Africa, and Zimbabwe; gold operations and projects in South Africa; and copper, gold and PGM exploration properties in North and South America. The company was founded on November 7, 2014 and is headquartered in Weltevreden Park, South Africa.
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