Gold Fields Ltd. (NYSE:GFI)’s share price rose 6.5% during mid-day trading on Thursday . The stock traded as high as $5.99 and last traded at $5.93, with a volume of 3,529,607 shares. The stock had previously closed at $5.57.

GFI has been the subject of several analyst reports. Zacks Investment Research upgraded Gold Fields from a “sell” rating to a “buy” rating and set a $4.50 price objective for the company in a research report on Tuesday, April 26th. 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, July 8th. JPMorgan Chase & Co. raised Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday, July 12th. Finally, Royal Bank Of Canada raised 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. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of C$4.50.

The company’s market cap is $4.57 billion. The stock’s 50-day moving average is $4.94 and its 200-day moving average is $4.15.

A number of hedge funds and institutional investors have bought and sold shares of GFI. Schroder Investment Management Group raised its position in 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 during the period. Gabelli Funds LLC raised its position in 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 during the period. Finally, Dimensional Fund Advisors LP raised its position in 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 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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