Gold Fields Ltd. (GFI) Stock Price Up 3.2%
Gold Fields Ltd. (NYSE:GFI)’s share price rose 3.2% during trading on Thursday . The stock traded as high as $6.48 and last traded at $6.44, with a volume of 2,420,009 shares. The stock had previously closed at $6.24.
GFI has been the topic of several recent analyst reports. 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 report on Tuesday, April 26th. Goldman Sachs Group Inc. raised shares of Gold Fields from a “neutral” rating to a “buy” rating and set a $5.34 target price on the stock in a research note on Friday, July 8th. Citigroup Inc. reaffirmed a “sell” rating on shares of Gold Fields in a research note on Thursday. JPMorgan Chase & Co. raised shares of Gold Fields from an “underweight” rating to a “neutral” rating in a research note on Tuesday, July 12th. Finally, Royal Bank Of Canada raised shares of Gold Fields from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from $4.08 to $4.39 in a research note 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 given a buy rating to the company. Gold Fields has an average rating of “Hold” and an average target price of C$4.50.
The firm has a 50 day moving average of $6.01 and a 200 day moving average of $4.59. The firm’s market cap is $4.95 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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