SBSW Price Prediction Next Week
Analysis and Insights
To predict the stock price of Sibanye Stillwater (SBSW) for the next trading week, we analyze both technical indicators and recent news sentiment.
Technical Analysis:
The stock is currently trading at $4.33, with a Fibonacci pivot of $4.10. Key resistance levels are at $4.44 and $4.65, while support is at $3.77. The RSI (14) is at 65.27, indicating a neutral position but nearing overbought territory. The MACD is slightly bullish, with a value of 0.18.
News Sentiment and Analyst Upgrades:
RBC Capital recently upgraded SBSW to a Buy rating with a price target of $5.30, citing the stock's underperformance compared to other platinum group metals and gold producers. This upgrade reflects growing confidence in the stock's potential.
Price Prediction:
Based on the Fibonacci levels and recent analyst upgrades, the stock is expected to rise to $4.50 next week, with a potential upside to $4.65 if resistance is broken.
Recommendation:
Buy SBSW with a target price of $4.50 and a potential upside to $4.65.
SBSW Similar Chart Price Prediction
The price of SBSW is predicted to go up 3.85%, based on the high correlation periods with JNJ. The similarity of these two price pattern on the periods is 97.2%.
SBSW
JNJ
Up: 3.85%Similarity: 97.2%
SBSW Revenue Forecast
SBSW EPS Forecast
SBSW Analyst's Forecast
Marina Calero
RBC Capital
Hold → Buy
2025-03-18
Price Target
$4.7 → $5.3
Upside
+22.69%
RBC Capital analyst Marina Calero upgraded Sibanye Stillwater to Outperform from Sector Perform with a price target of $5.30, up from $4.70. The has underperformed peers over the last three months, leaving its discount at the highest levels since the COVID pandemic, the analyst tells investors in a research note. The firm says that although there are some risks in the investment case, Sibanye's risk/reward is attractive at current levels. RBC expects the company's basket price to increase by 5% from current spot levels throughout 2025.
Shilan Modi
HSBC
Strong Buy → Hold
2024-11-04
Price Target
$4.4
Downside
-2.87%
