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

Several brokerages recently commented on GFI. Zacks Investment Research raised shares of Gold Fields from a “sell” rating to a “buy” rating and set a $6.25 price target for the company in a report on Tuesday. JPMorgan Chase & Co. raised shares of Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday. Goldman Sachs Group Inc. raised shares of Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 price target for the company in a report on Friday, July 8th. Finally, Royal Bank Of Canada raised shares of Gold Fields from a “sector perform” rating to an “outperform” rating and boosted their price target 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. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Gold Fields currently has a consensus rating of “Hold” and a consensus price target of C$4.45.

The stock has a 50 day moving average price of $4.58 and a 200-day moving average price of $4.03. The firm’s market capitalization is $4.54 billion.

Several large investors recently modified their holdings of GFI. Oxford Asset Management bought a new stake in shares of Gold Fields during the fourth quarter valued at $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 valued at $1,994,000 after buying an additional 620,000 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Gold Fields by 3,665.1% in the fourth quarter. Schroder Investment Management Group now owns 1,995,500 shares of the company’s stock valued at $5,528,000 after buying an additional 1,942,500 shares in the last quarter. 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 valued at $6,374,000 after buying an additional 438,010 shares in the last quarter. 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 valued at $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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