Gold Fields Ltd. (GFI) Stock Price Down 3.6%
Gold Fields Ltd. (NYSE:GFI)’s share price traded down 3.6% during trading on Wednesday . The company traded as low as $6.07 and last traded at $6.09, with a volume of 2,675,870 shares changing hands. The stock had previously closed at $6.32.
A number of equities analysts recently commented on the company. Citigroup Inc. restated a “sell” rating on shares of Gold Fields in a report on Thursday. Zacks Investment Research upgraded Gold Fields from a “hold” rating to a “buy” rating and set a $6.50 target price for the company in a report on Monday, July 18th. JPMorgan Chase & Co. upgraded Gold Fields from an “underweight” rating to a “neutral” rating in a report on Tuesday, July 12th. Goldman Sachs Group Inc. upgraded Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 target price for the company in a report on Friday, July 8th. Finally, Royal Bank Of Canada upgraded Gold Fields from a “sector perform” rating to an “outperform” rating and raised their target price 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. One research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the stock. Gold Fields presently has a consensus rating of “Hold” and a consensus price target of C$4.50.
The firm has a 50 day moving average of $5.97 and a 200 day moving average of $4.57. The firm’s market cap is $4.93 billion.
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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