Analyst Rating Update on Gold Fields Limited (GFI)

Gold Fields Limited (GFI) : Zacks Investment Research ranks Gold Fields Limited (GFI) as 2, which is a Buy recommendation. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 3, which indicates as a Hold.

Gold Fields Limited (GFI) : Currently there are 3 street experts covering Gold Fields Limited (GFI) stock. The most bullish and bearish price target for the stock is $6 and $4 respectively for the short term. The average price target of all the analysts comes to $5.09. The estimated standard deviation from the target is $1.17.

Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the JP Morgan upgrades the rating on Gold Fields Limited (NYSE:GFI). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Underweight. The rating by the firm was issued on July 12, 2016.


Gold Fields Limited (NYSE:GFI): The stock opened at $6.26 on Wednesday but the bulls could not build on the opening and the stock topped out at $6.33 for the day. The stock traded down to $6.10 during the day, due to lack of any buying support eventually closed down at $6.18 with a loss of -3.29% for the day. The stock had closed at $6.39 on the previous day. The total traded volume was 4,796,357 shares.

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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