Brokerage Firm Rating Update on Gold Fields Limited (GFI)

Gold Fields Limited (GFI) has an average broker rating of 3, which is interpreted as a Hold, as rated by 2 equity analysts. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Gold Fields Limited (GFI) : The highest level Gold Fields Limited (GFI) is projected to reach is $6 for the short term and the lowest estimate is at $4. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $4.69 and the possibility the share price can swing is $1.33.


Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm JP Morgan upgrades its rating on Gold Fields Limited (NYSE:GFI). The shares have been rated Neutral. Previously, the analysts had a Underweight rating on the shares. The rating by the firm was issued on July 12, 2016.

Gold Fields Limited (NYSE:GFI): stock was range-bound between the intraday low of $5.45 and the intraday high of $5.66 after having opened at $5.65 on Wednesdays session. The stock finally closed in the red at $5.65, a loss of -0.06%. The stock remained in the red for the whole trading day. The total traded volume was 5,061,575 shares. The stock failed to cross $5.66 in Wednesdays trading. The stocks closing price on Thursday was $5.6132.

Gold Fields Limited (Gold Fields) 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. In Ghana, it operates two mines, Tarkwa and Damang, which are located in south-western Ghana. In Peru, it operates Cerro Corona mine, which is located 1.5 kilometers west-northwest of the village of Hualgayoc and around 600 kilometers north-northwest of the capital city Lima. In South Africa, it operates South Deep Gold Mine, located in the districts of Westonaria and Vanderbijlpark (Gauteng province). The Companys other projects include Salares Norte, Chile, and Far Southeast Project, Philippines.

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