Shares of Gold Fields Limited (NYSE:GFI - Get Free Report) have received a consensus recommendation of "Hold" from the seven research firms that are presently covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $18.56.
A number of equities analysts have issued reports on the stock. HSBC reaffirmed a "hold" rating and set a $21.00 price objective on shares of Gold Fields in a report on Thursday, April 17th. Hsbc Global Res upgraded Gold Fields to a "hold" rating in a research note on Thursday, April 17th. Wall Street Zen cut Gold Fields from a "strong-buy" rating to a "buy" rating in a research note on Friday, May 30th. Finally, Scotiabank lifted their target price on Gold Fields from $20.00 to $23.00 and gave the stock a "sector perform" rating in a research note on Monday, April 14th.
View Our Latest Stock Analysis on GFI
Institutional Investors Weigh In On Gold Fields
A number of hedge funds have recently made changes to their positions in the business. Richardson Financial Services Inc. bought a new stake in Gold Fields in the 1st quarter valued at about $26,000. Banque Cantonale Vaudoise bought a new stake in Gold Fields in the 1st quarter valued at about $44,000. SVB Wealth LLC bought a new stake in Gold Fields in the 1st quarter valued at about $48,000. NewEdge Advisors LLC raised its stake in Gold Fields by 2,152.0% in the 1st quarter. NewEdge Advisors LLC now owns 2,252 shares of the company's stock valued at $50,000 after acquiring an additional 2,152 shares during the period. Finally, GAMMA Investing LLC raised its stake in Gold Fields by 21.0% in the 1st quarter. GAMMA Investing LLC now owns 3,742 shares of the company's stock valued at $83,000 after acquiring an additional 649 shares during the period. 24.81% of the stock is currently owned by institutional investors.
Gold Fields Price Performance
GFI opened at $24.34 on Monday. The company has a debt-to-equity ratio of 0.40, a current ratio of 1.14 and a quick ratio of 0.73. The company has a market capitalization of $21.78 billion, a price-to-earnings ratio of 10.36, a P/E/G ratio of 0.28 and a beta of 0.55. The firm's fifty day moving average price is $23.10 and its two-hundred day moving average price is $19.60. Gold Fields has a 1 year low of $12.98 and a 1 year high of $26.36.
About Gold Fields
(
Get Free ReportGold Fields Limited operates as a gold producer with reserves and resources in Chile, South Africa, Ghana, Canada, Australia, and Peru. It also explores for copper and silver deposits. The company was founded in 1887 and is based in Sandton, South Africa.
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