Sibanye Stillwater (NYSE:SBSW) Stock Price Up 5.4% - What's Next?

Sibanye Stillwater Limited (NYSE:SBSW - Get Free Report)'s share price shot up 5.4% during trading on Monday . The stock traded as high as $4.56 and last traded at $4.62. 2,284,008 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 6,581,145 shares. The stock had previously closed at $4.38.Get Sibanye Stillwater alerts:Analysts Set New Price TargetsHow China’s Recovery Could Boost These 3 Platinum PlaysSeparately, Royal Bank of Canada raised shares of Sibanye Stillwater from a "sector perform" rating to an "outperform" rating and boosted their target price for the stock from $4.70 to $5.30 in a research report on Tuesday, March 18th. Five investment analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $5.05.View Our Latest Report on SBSWSibanye Stillwater Price Performance3 Large Caps Under $20 With Good UpsideThe stock has a fifty day moving average of $3.84 and a 200 day moving average of $4.00. The stock has a market cap of $3.22 billion, a price-to-earnings ratio of 8.74 and a beta of 1.59. The company has a debt-to-equity ratio of 0.71, a current ratio of 2.09 and a quick ratio of 1.04. Institutional Trading of Sibanye StillwaterSeveral large investors have recently made changes to their positions in SBSW. Goehring & Rozencwajg Associates LLC acquired a new position in Sibanye Stillwater during the fourth quarter valued at $9,446,000. Lingotto Investment Management LLP lifted its holdings in shares of Sibanye Stillwater by 1.0% in the 4th quarter. Lingotto Investment Management LLP now owns 27,798,014 shares of the company's stock valued at $91,733,000 after buying an additional 286,195 shares during the period. ABC Arbitrage SA purchased a new stake in shares of Sibanye Stillwater in the fourth quarter worth about $1,332,000. Rhumbline Advisers grew its holdings in Sibanye Stillwater by 32.3% during the fourth quarter. Rhumbline Advisers now owns 12,790 shares of the company's stock worth $42,000 after acquiring an additional 3,120 shares during the period. Finally, Barclays PLC purchased a new position in Sibanye Stillwater during the third quarter valued at approximately $329,000. 34.93% of the stock is owned by hedge funds and other institutional investors. About Sibanye Stillwater (Get Free Report)The Top 3 Metals and Mining Stocks to Buy NowSibanye Stillwater Limited, together with its subsidiaries, operates as a precious metals mining company in South Africa, the United States, Europe, and Australia. The company produces gold; platinum group metals (PGMs), including palladium, platinum, rhodium, iridium, and ruthenium; chrome; nickel; and silver, cobalt, and copper.Featured StoriesFive stocks we like better than Sibanye StillwaterMost Volatile Stocks, What Investors Need to Know3 Buyable Stocks With Solid Bottoms Ready to ReboundWhat is diluted earnings per share (Diluted EPS)?Advantage+ Shopping: Meta's Fast Growing $20 Billion AI-Ads StarWhy Understanding Call Option Volume is Essential to Successful Options TradingRobotaxi News: What Tesla and Lyft Headlines Mean for SharesThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Sibanye Stillwater Right Now?Before you consider Sibanye Stillwater, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Sibanye Stillwater wasn't on the list.While Sibanye Stillwater currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here