Royal Bank of Canada Cuts Sibanye Gold Stock Target by $1.50

Royal Bank of Canada has lowered its expectations for Sibanye Gold's stock price. The brokerage reduced its target from $16.50 to $15.00, representing a potential upside of 27.39% from the company's previous close.

This is not an isolated incident. Several other research analysts have recently issued reports on Sibanye Gold. BMO Capital Markets cut their target price on shares of Sibanye Gold from $14.00 to $12.00 and set a 'market perform' rating for the company. In contrast, Wall Street Zen raised its rating on Sibanye Gold from 'buy' to 'strong-buy'.

The consensus among analysts is a mixed bag. Three investment analysts have rated the stock with a 'Buy' rating, two have given it a 'Hold' rating, and one has given it a 'Sell' rating.