Gold Fields Ltd. (NYSE:GFI) shares rose 4.5% on Thursday . The stock traded as high as $6.51 and last traded at $6.46, with a volume of 2,292,718 shares trading hands. The stock had previously closed at $6.18.

GFI has been the subject of several analyst reports. Goldman Sachs Group Inc. upgraded Gold Fields from a “sell” rating to a “neutral” rating in a report on Monday, June 27th. Zacks Investment Research downgraded Gold Fields from a “buy” rating to a “hold” rating in a report on Friday, July 15th. JPMorgan Chase & Co. upgraded Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday, July 12th. Finally, Royal Bank Of Canada upgraded Gold Fields from a “sector perform” rating to an “outperform” rating and boosted their price target for the company from $4.08 to $4.39 in a report on Wednesday, June 22nd. They noted that the move was a valuation call. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of C$4.50.

The company’s market capitalization is $4.77 billion. The stock’s 50 day moving average is $5.47 and its 200 day moving average is $4.36.

A hedge fund recently raised its stake in Gold Fields stock. Schroder Investment Management Group raised its position in Gold Fields Ltd. (NYSE:GFI) by 3,665.1% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 1,995,500 shares of the company’s stock after buying an additional 1,942,500 shares during the period. Schroder Investment Management Group owned 0.26% of Gold Fields worth $5,528,000 at the end of the most recent reporting 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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