Tag: SBGL

  • Notable Movers in Basic Materials: Kinder Morgan Energy Partners (NYSE:KMP), EPD, LinnCo (NASDAQ:LNCO), Sibanye Gold (NYSE:SBGL)

    Jefferson Research upgraded shares of Kinder Morgan Energy Partners (NYSE:KMP) from a sell rating to a hold rating in a research note released on Friday morning, StockRatingsNetwork.com reports. Kinder Morgan Energy Partners LP (NYSE:KMP) stock opened at $80.94 in last trading session, and closed at $79.77, trading in the range of $79.75 – $80.95. The stock showed a negative weekly performance of -0.50%.

    Enterprise Products Partners (NYSE:EPD)‘s stock had its “neutral” rating restated by Zacks in a report released on Wednesday, American Banking & Market News reports. They currently have a $70.00 price objective on the stock. Zacks‘ target price suggests a potential upside of 4.43% from the stock’s previous close. Enterprise Products Partners L.P.(NYSE:EPD) shares closed at $66.84 on last trade day, by losing -0.28%. Stock 52 week range is $55.29 – $67.79. Company’s market capitalization is $62.38 billion.

    Robert W. Baird upgraded shares of LinnCo LLC (NASDAQ:LNCO) from a neutral rating to an outperform rating in a research report released on Thursday morning, TheFlyOnTheWall.com reports. Robert W. Baird currently has $37.00 price objective on the stock. LinnCo LLC (NASDAQ:LNCO) stock advanced 0.29% and finished the last session at $31.13. The EPS of the stock remained 1.03. Company’s market capitalization is $1.08 billion.

    Sibanye Gold Ltd (ADR) (NYSE:SBGL), the South African miner spun off from Gold Fields Ltd. last year, rose to a record in Johannesburg trading after announcing a 46 percent gain in economically viable reserves. Cost cutting and a higher expected gold price has boosted the amount of bullion that Sibanye can mine profitably to 19.73 million ounces, the Westonaria-based company said in a statement. It climbed 3.7 percent to 20.50 rand by 2:44 p.m., the highest since Sibanye began trading in February last year. Sibanye Gold Ltd (ADR) (NYSE:SBGL) stock opened at $7.20 in last trading session and closed at $7.22. The 52 week range of the stock is $2.62 – $7.43 and the day range was $7.15 – $7.30.