Gold Fields Price Target Lowered to $10.00 at Scotiabank (GFI)
Gold Fields (NYSE: GFI) traded up 0.62% on Monday, hitting $8.11. Gold Fields has a 52-week low of $7.79 and a 52-week high of $12.2136. The stock’s 50-day moving average is currently $9.17. The company has a market cap of $5.917 billion and a price-to-earnings ratio of 9.17.
Several other analysts have also recently commented on the stock. Analysts at Bank of America initiated coverage on shares of Gold Fields in a research note to investors on Wednesday, March 6th. They set an “underperform” rating on the stock. Separately, analysts at TheStreet downgraded shares of Gold Fields from a “buy” rating to a “hold” rating in a research note to investors on Friday, February 22nd. Finally, analysts at Zacks downgraded shares of Gold Fields from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, February 20th. They now have a $10.30 price target on the stock.
Four investment analysts have rated the stock with a buy rating, one has assigned an overweight rating, five have given a hold rating, and three have given a sell rating to the company’s stock. Gold Fields presently has an average rating of “hold” and a consensus target price of $12.29.
The company also recently announced a semiannual dividend, which is scheduled for Thursday, March 21st. Investors of record on Friday, March 8th will be paid a dividend of $0.08 per share. This represents a dividend yield of 1.64%. The ex-dividend date is Wednesday, March 6th.
Gold Fields Limited (Gold Fields) is a holding company. Gold Fields is engaged in gold mining and related activities, including exploration, extraction, processing and smelting.
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