BMO Capital Markets upgraded shares of Gold Fields (NYSE:GFI) from a market perform rating to an outperform rating in a research note published on Thursday, The Fly reports.
Other equities analysts have also recently issued reports about the stock. Zacks Investment Research cut shares of Gold Fields from a hold rating to a sell rating in a research report on Tuesday, April 9th. Morgan Stanley cut shares of Gold Fields from an equal weight rating to an underweight rating in a research report on Thursday, January 31st. ValuEngine cut shares of Gold Fields from a buy rating to a hold rating in a research report on Wednesday, January 2nd. Finally, JPMorgan Chase & Co. cut shares of Gold Fields from an overweight rating to a neutral rating and lowered their price objective for the stock from $4.10 to $4.00 in a research report on Thursday, February 21st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have issued a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $3.75.
GFI stock opened at $3.99 on Thursday. The company has a market cap of $3.27 billion, a P/E ratio of 57.00 and a beta of -1.06. Gold Fields has a 1 year low of $2.20 and a 1 year high of $4.45. The company has a quick ratio of 0.90, a current ratio of 1.50 and a debt-to-equity ratio of 0.74.
About Gold Fields
Gold Fields Limited produces gold and holds gold reserves and resources in South Africa, Ghana, Australia, and Peru. The company engages in underground and surface gold and surface copper mining and related activities, including exploration, extraction, processing, and smelting. It holds interests in seven operating mines with an annual gold-equivalent production of approximately 2.2 million ounces, as well as gold mineral reserves of approximately 49 million ounces and mineral resources of approximately 104 million ounces.
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