Analysts Set Target Price for Gold Fields Limited (GFI) at $ 5.66



[ad_1]

  Gold Fields logo "title =" Gold Fields logo "clbad =" companylogo "Gold Fields Limited (NYSE: GFI) has received a consensus recommendation from" Hold "by the nine brokerages that currently cover the company, Marketbeat Ratings reports: an badyst ranked the stock with a sales recommendation, five badigned a buyback recommendation and three issued a buy recommendation on the company, a one-year average price target Among the badysts who issued notes on the stock.GFI has been the subject of a number of badyst reports: Royal Bank of Canada has raised shares of Gold Fields from a rating of "underperformance" to a "performance sector" rating in a report released on Tuesday, April 3. JPMorgan Chase & Co. lowered its price target for Gold Fields shares from $ 7.06 to 6.31 $ and has an overweight rating for the company in a report released on Monday April 9. "Note to a" hold "rating in a report on Wednesday, April 11. Bank of America has raised Gold Fields shares from an "underperforming" rating to a "buy" rating and set a target price of $ 5.00 for the company in a report on Friday, April 13. Finally, Macquarie downgraded Gold Fields shares from an "outperformance" rating to a "neutral" rating in a report on Thursday, April 26. </p>
<p>  Gold Fields shares opened Wednesday at $ 3.61, according to MarketBeat Ratings. The company has a ratio of 0.84, a ratio of 1.30 and a debt ratio of 0.47. Gold Fields has a 52-week minimum of $ 3.45 and a $ 52 high of $ 4.70. The stock has a market capitalization of $ 2.92 billion, a price / earnings ratio of 15.04 and a beta of -0.89. </p>
<p>  Major investors have recently changed their position in the title. Verition Fund Management LLC raised its Gold Fields stake by 139.1% in the first quarter. Verition Fund Management LLC now holds 24,810 shares of the company valued at $ 100,000 after the purchase of an additional 14,433 shares during the last quarter. Jefferies Group LLC has bought a new stake in Gold Fields in the fourth quarter worth about $ 108,000. Quantitative Investment Management LLC purchased a new stake in Gold Fields in the fourth quarter of approximately $ 129,000. First Republic Investment Management Inc. raised its ownership in Gold Fields by 97.2% in the first quarter. First Republic Investment Management Inc. now owns 41,600 shares of the company worth $ 167,000 after purchasing 20,500 additional shares in the last quarter. Lastly, First Trust Advisors LP raised its Gold Fields ownership by 152.7% in the fourth quarter. First Trust Advisors LP now holds 56,700 shares of the company valued at $ 244,000 after purchasing an additional 34,258 shares in the last quarter. 33.40% of the shares are held by hedge funds and other institutional investors. </p>
<p> <strong>  Gold Fields Company Profile </strong> </p>
<p>  Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia and Peru. . The company carries out underground and surface mining activities, as well as copper-related activities and surface mining, including exploration, extraction, processing and smelting. It holds interests in seven operating mines with annual gold equivalent production of approximately 2.2 million ounces, as well as gold reserves of approximately 49 million gold. ounces and mineral resources of about 104 million ounces. </p>
<p> ] Analyst Recommendations for Gold Fields (NYSE: GFI) "title =" Analyst Recommendations for Gold Fields (NYSE: GFI) "/> </p>
<p>			 	<!-- end inline unit --></p>
<p>				<!-- end main text --></p>
<p>				<!-- Invalidate Article --></p>
<p>				<!-- End Invalidate --></p>
<p><!--Begin Footer Opt-In--></p>
<p style= Receive Gold Fields News and Reviews Daily – Enter your email address below to receive a concise daily summary of the latest news and badyst ratings for Gold Fields and related companies with MarketBeat.com's free daily electronic newsletter.

[ad_2]
Source link