Gold Fields (NYSE:GFI) had its price objective trimmed by JPMorgan Chase & Co. from $6.20 to $6.00 in a research report report published on Thursday, BenzingaRatingsTable reports. The brokerage currently has a neutral rating on the stock.
A number of other analysts have also recently commented on the stock. Zacks Investment Research cut shares of Gold Fields from a buy rating to a hold rating in a report on Thursday, September 5th. Royal Bank of Canada reaffirmed a sector perform rating on shares of Gold Fields in a report on Friday, August 16th. Finally, ValuEngine cut shares of Gold Fields from a buy rating to a hold rating in a report on Wednesday, August 21st. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the stock. The company currently has a consensus rating of Hold and an average price target of $4.64.
Shares of GFI stock opened at $4.53 on Thursday. Gold Fields has a 12 month low of $2.31 and a 12 month high of $6.29. The stock has a market cap of $3.94 billion, a P/E ratio of 64.71 and a beta of -1.05. The company has a current ratio of 1.61, a quick ratio of 0.90 and a debt-to-equity ratio of 0.81. The company has a 50 day simple moving average of $5.66 and a two-hundred day simple moving average of $4.69.
About Gold Fields
Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, and Peru. It holds interests in 7 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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