One equities research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and two have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $4.00.
An institutional investor recently raised its position in Gold Fields Limited stock. DORCHESTER WEALTH MANAGEMENT Co increased its stake in shares of Gold Fields Limited (NYSE:GFI) by 87.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 282,950 shares of the company’s stock after buying an additional 132,300 shares during the period. DORCHESTER WEALTH MANAGEMENT Co’s holdings in Gold Fields Limited were worth $784,000 at the end of the most recent reporting period.
GFI has been the topic of a number of analyst reports. Zacks Investment Research upgraded Gold Fields Limited from a “sell” rating to a “buy” rating and set a $4.50 price target on the stock in a research note on Tuesday, April 26th. RBC Capital reiterated a “sector perform” rating on shares of Gold Fields Limited in a research report on Friday, March 11th. Macquarie downgraded Gold Fields Limited from an “outperform” rating to a “neutral” rating in a research report on Tuesday, March 15th. Finally, Goldman Sachs downgraded Gold Fields Limited from a “neutral” rating to a “sell” rating in a research report on Thursday, March 24th.
Shares of Gold Fields Limited (NYSE:GFI) traded up 1.42% on Monday, hitting $4.30. 3,108,449 shares of the company traded hands. Gold Fields Limited has a 1-year low of $2.04 and a 1-year high of $4.76. The firm’s 50-day moving average is $4.14 and its 200 day moving average is $3.44. The firm’s market capitalization is $3.34 billion.
Gold Fields Limited (NYSE:GFI) is a producer of gold with eight operating mines in Australia, Ghana, Peru and South Africa. The Company in Australia operates four mines that include St Ives, an operation consisting of a mix of owner mined open pit and underground operations; Agnew/Lawlers, a mine located in the Norseman-Wiluna Greenstone
Belt; Granny Smith, a mine located within the Yilgarn Craton, and Darlot, a mine located in the Eastern Goldfields Province of the Yilgarn Craton.