Gold Fields Limited (NYSE:GFI) has received a hold rating for the short term, according to the latest rank of 3 from research firm, Zacks. The company received an average rating of 3.4 from 5 analysts. As per the latest data, 1 analysts has given a sell rating on the shares of the company. 1 analyst have rated it as strong sell. 1 analysts recommended buying the shares. 2 analysts have rated the company at hold.
During the last several months other analysts have commented on the company rating. Equity analysts at the Brokerage firm RBC Capital downgrades its rating on Gold Fields Limited (NYSE:GFI). The rating major has initiated the coverage with an sector perform rating on the shares. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on December 1, 2015.
Gold Fields Limited (NYSE:GFI) should head towards $3.29 per share according to 4 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $3 per share. The higher price estimate target is at $4 according to the Analysts.
Shares of Gold Fields Limited (NYSE:GFI) ended Thursday session in red amid volatile trading. The shares closed down 0.17 points or 6.05% at $2.64 with 4,269,570 shares getting traded. Post opening the session at $2.64, the shares hit an intraday low of $2.59 and an intraday high of $2.71 and the price vacillated in this range throughout the day. The company has a market cap of $2,049 million and the number of outstanding shares has been calculated to be 776,219,010 shares. The 52-week high of Gold Fields Limited (NYSE:GFI) is $6.01 and the 52-week low is $2.04.
Gold Fields Ltd. has dropped 0.38% in the last five trading days, however, the shares have posted positive gains of 26.92% in the last 4 weeks. Gold Fields Ltd. has dropped 8.01% during the last 3-month period . Year-to-Date the stock performance stands at -41.43%.
Gold Fields Limited (Gold Fields) is a holding company. Gold Fields is engaged in gold mining and related activities, including exploration, extraction, processing and smelting. Gold Fields is a producer of gold and holder of gold reserves in South Africa, Ghana, Australia and Peru. In Peru, Gold Fields also produces copper. Gold Fields is primarily involved in underground and surface gold and copper mining and related activities. Gold Fields also has an interest in a platinum group metal exploration project in Finland. Gold bullion is its principal product, which is produced in South Africa, Ghana and Australia and sold in South Africa and internationally. In addition, Gold Fields has gold and other precious metal exploration activities and interests in Africa, Eurasia, Australasia and the Americas. In October 2013, Barrick Gold Corporation completed the divestiture of its Yilgarn South assets (Yilgarn South) in Western Australia to Gold Fields Limited.
