
Sibanye Stillwater (SBSW) Stock Forecast & Price Target
Sibanye Stillwater (SBSW) Analyst Ratings
Bulls say
Sibanye Stillwater Ltd exhibits a favorable outlook due to its diverse commodity portfolio, which includes a robust mix of gold, platinum, palladium, and rhodium, underpinned by expected strong performance driven by central bank demand and re-stocking in the PGM segment. The company's operational efficiencies and efforts to strengthen its balance sheet amid high capital expenditures have alleviated previous concerns regarding leverage, positioning it as the most competitively priced of South African PGM producers. Additionally, projections indicate a doubling of EBITDA levels by 2024 and a return to breakeven levels in free cash flow, contributing to an attractive risk-reward scenario for investors.
Bears say
Sibanye Stillwater Ltd has demonstrated underperformance in comparison to its peers, with its shares decreasing by 2% over the last three months, while the PGM and gold sectors have seen increases of 7% and 19%, respectively. The company is heavily impacted by operational gearing, indicating that declines in gold or PGM prices, along with a strengthening rand, could negatively affect earnings considerably. Additionally, revised estimates for FY24-26 reflect a projected 20% decrease in average EBITDA for the South African PGM division, attributed to lower production volumes and higher-than-expected costs, further contributing to the negative outlook.
This aggregate rating is based on analysts' research of Sibanye Stillwater and is not a guaranteed prediction by Public.com or investment advice.
Sibanye Stillwater (SBSW) Analyst Forecast & Price Prediction
Start investing in Sibanye Stillwater (SBSW)
Order type
Buy in
Order amount
Est. shares
0 shares