Gold Fields Limited (NYSE:GFI – Get Free Report) has been assigned an average rating of “Hold” from the six ratings firms that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $15.93.
Several equities analysts recently issued reports on GFI shares. Scotiabank cut their price target on shares of Gold Fields from $18.00 to $17.00 and set a “sector perform” rating for the company in a report on Monday, August 26th. JPMorgan Chase & Co. cut their price target on shares of Gold Fields from $17.50 to $16.70 and set a “neutral” rating for the company in a report on Wednesday, July 3rd. BMO Capital Markets raised shares of Gold Fields from an “underperform” rating to a “market perform” rating and lifted their price target for the company from $13.50 to $14.00 in a report on Wednesday, June 26th. StockNews.com raised shares of Gold Fields from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Finally, Bank of America initiated coverage on shares of Gold Fields in a research note on Monday, September 16th. They issued a “buy” rating and a $16.00 target price for the company.
Check Out Our Latest Stock Report on GFI
Institutional Investors Weigh In On Gold Fields
Gold Fields Stock Up 0.5 %
Shares of GFI stock opened at $16.24 on Friday. Gold Fields has a 12-month low of $10.31 and a 12-month high of $18.97. The firm has a 50-day moving average price of $15.30 and a 200 day moving average price of $15.75. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.77 and a quick ratio of 0.70.
Gold Fields Cuts Dividend
The business also recently announced a semi-annual dividend, which was paid on Thursday, September 26th. Shareholders of record on Friday, September 13th were paid a $0.1692 dividend. This represents a dividend yield of 2.2%. The ex-dividend date was Friday, September 13th.
About Gold Fields
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.
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