Shares of Gold Fields Limited (NYSE:GFI) have been given an average recommendation of “Hold” by the ten ratings firms that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating on the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $4.58.
A number of research firms have recently issued reports on GFI. Zacks Investment Research upgraded Gold Fields from a “sell” rating to a “hold” rating in a research report on Monday, October 1st. ValuEngine lowered Gold Fields from a “buy” rating to a “hold” rating in a report on Wednesday, January 2nd. BMO Capital Markets set a $3.00 price objective on Gold Fields and gave the stock a “sell” rating in a report on Sunday, December 16th. Finally, Royal Bank of Canada raised Gold Fields from a “sector perform” rating to an “outperform” rating in a report on Tuesday, September 18th.
Shares of GFI stock opened at $3.69 on Wednesday. The stock has a market capitalization of $3.06 billion, a PE ratio of 15.38 and a beta of -1.29. Gold Fields has a 52-week low of $2.20 and a 52-week high of $4.54.
Gold Fields Company Profile
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. The company engages in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing, and smelting. It holds interests in seven operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 49 million ounces and mineral resources of approximately 104 million ounces.
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