Gold Fields Ltd. (NYSE:GFI) shares hit a new 52-week high during trading on Friday . The stock traded as high as $5.58 and last traded at $5.57, with a volume of 3,067,034 shares traded. The stock had previously closed at $5.34.

Several research analysts have commented on GFI shares. Goldman Sachs Group Inc. raised Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 target price on the stock in a report on Friday. Zacks Investment Research raised Gold Fields from a “sell” rating to a “buy” rating and set a $4.50 target price on the stock in a report on Tuesday, April 26th. Macquarie downgraded Gold Fields from an “outperform” rating to a “neutral” rating in a report on Tuesday, March 15th. Finally, Royal Bank Of Canada raised Gold Fields from a “sector perform” rating to an “outperform” rating and lifted their target price for the stock from $4.08 to $4.39 in a report on Wednesday, June 22nd. They noted that the move was a valuation call. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average price target of C$4.10.

The firm’s market cap is $4.40 billion. The stock’s 50-day moving average price is $4.35 and its 200 day moving average price is $3.95.

Several large investors have modified their holdings of the company. Alps Advisors Inc. increased its stake in shares of Gold Fields by 33.1% in the fourth quarter. Alps Advisors Inc. now owns 1,410,465 shares of the company’s stock worth $3,907,000 after buying an additional 350,466 shares during the period. GAM Holding AG increased its stake in shares of Gold Fields by 23.5% in the fourth quarter. GAM Holding AG now owns 2,301,555 shares of the company’s stock worth $6,374,000 after buying an additional 438,010 shares during the period. Oxford Asset Management acquired a new stake in shares of Gold Fields during the fourth quarter worth about $1,266,000. Gabelli Funds LLC increased its stake in shares of Gold Fields by 620.0% in the fourth quarter. Gabelli Funds LLC now owns 720,000 shares of the company’s stock worth $1,994,000 after buying an additional 620,000 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in shares of Gold Fields by 2.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 34,584,396 shares of the company’s stock worth $95,796,000 after buying an additional 732,574 shares during the period.

Gold Fields Limited (Gold Fields) is a gold mining company. The Company is a producer of gold and a holder of gold reserves. The Company is involved in underground and surface gold and copper mining and related activities, including exploration, development, extraction, processing and smelting. It has approximately eight producing mines located in South Africa, Ghana, Australia and Peru.

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