Shares of Gold Fields Ltd. (NYSE:GFI) rose 6.2% during trading on Wednesday . The company traded as high as $6.04 and last traded at $5.99, with a volume of 3,985,752 shares traded. The stock had previously closed at $5.64.

GFI has been the topic of a number of recent analyst reports. Macquarie downgraded shares of Gold Fields from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 15th. Goldman Sachs Group Inc. downgraded shares of Gold Fields from a “neutral” rating to a “sell” rating in a report on Thursday, March 24th. Zacks Investment Research upgraded shares of 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. Royal Bank Of Canada upgraded shares of Gold Fields from a “sector perform” rating to an “outperform” rating and boosted 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. Finally, JPMorgan Chase & Co. upgraded shares of Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Gold Fields currently has a consensus rating of “Hold” and a consensus target price of C$4.45.

The stock’s 50 day moving average price is $4.45 and its 200-day moving average price is $4.00. The stock’s market cap is $4.75 billion.

Other large investors recently modified their holdings of the company. Alps Advisors Inc. raised 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 in the last quarter. GAM Holding AG raised 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 in the last quarter. Oxford Asset Management bought a new stake in shares of Gold Fields during the fourth quarter worth approximately $1,266,000. Gabelli Funds LLC raised 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 in the last quarter. Finally, Dimensional Fund Advisors LP raised 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 in the last quarter.

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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