Shares of Gold Fields Ltd. (NYSE:GFI) were up 3.1% on Wednesday . The stock traded as high as $6.10 and last traded at $5.99, with a volume of 2,879,972 shares changing hands. The stock had previously closed at $5.81.

Several analysts recently weighed in on GFI shares. Zacks Investment Research upgraded shares of Gold Fields from a “sell” rating to a “buy” rating and set a $4.50 price objective on the stock in a research report on Tuesday, April 26th. Goldman Sachs Group Inc. upgraded shares of Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 price target on the stock in a research report on Friday, July 8th. JPMorgan Chase & Co. upgraded shares of Gold Fields from an “underweight” rating to a “neutral” rating in a research report on Tuesday, July 12th. Finally, Royal Bank Of Canada upgraded 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 research 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’s stock. Gold Fields currently has a consensus rating of “Hold” and an average price target of C$4.50.

The stock has a 50-day moving average of $5.02 and a 200 day moving average of $4.21. The firm’s market cap is $4.81 billion.

Several large investors have recently bought and sold shares of the company. Gabelli Funds LLC raised its stake 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 last quarter. Schroder Investment Management Group raised its stake 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 last quarter. Finally, Dimensional Fund Advisors LP raised its stake 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 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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