Gold Fields Limited (NYSE:GFI) Receives Consensus Rating of “Hold” from Analysts

Gold Fields Limited (NYSE:GFI) has earned an average rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is $19.70.

A number of research analysts have issued reports on the company. Hsbc Global Res raised Gold Fields to a “hold” rating in a report on Thursday, April 17th. HSBC reissued a “hold” rating and issued a $21.00 price target on shares of Gold Fields in a report on Thursday, April 17th. Scotiabank upped 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. Finally, Wall Street Zen downgraded Gold Fields from a “strong-buy” rating to a “buy” rating in a research note on Friday, May 30th.

Gold Fields Trading Up 0.3%

Shares of NYSE:GFI opened at $24.01 on Friday. Gold Fields has a 12-month low of $12.98 and a 12-month high of $26.36. The company has a market capitalization of $21.49 billion, a PE ratio of 10.22, a PEG ratio of 0.26 and a beta of 0.54. The business has a 50 day moving average of $23.52 and a two-hundred day moving average of $20.85. The company has a current ratio of 1.14, a quick ratio of 0.73 and a debt-to-equity ratio of 0.40.

Institutional Trading of Gold Fields

Large investors have recently made changes to their positions in the company. Richardson Financial Services Inc. purchased a new stake in shares of Gold Fields during the first quarter worth approximately $26,000. Banque Cantonale Vaudoise purchased a new stake in Gold Fields in the 1st quarter valued at $44,000. SVB Wealth LLC purchased a new stake in Gold Fields in the 1st quarter valued at $48,000. NewEdge Advisors LLC grew its holdings 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 buying an additional 2,152 shares in the last quarter. Finally, GAMMA Investing LLC grew its holdings 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 buying an additional 649 shares in the last quarter. 24.81% of the stock is currently owned by hedge funds and other institutional investors.

Gold Fields Company Profile

Gold 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.